Financing purchase of a franchise business

Financing purchase of a franchise business

Author
Discussion

scratch pervert

Original Poster:

494 posts

223 months

Thursday 28th May 2009
quotequote all
Does anyone have any contacts in this field?

The loan required is for the purchase of an existing business with proven track record. Looking for the maximum loan to value possible.

Any help appreciated.

therealpigdog

2,592 posts

198 months

Thursday 28th May 2009
quotequote all
Funding a franchise is no different to funding any other business start-up or purchase. Speak to your local bank business managers.

My experience at the moment is that Co-Op, Bank of Scotland and Barclays are the most active at the moment in the small/mid sector - probably not worth bothering with RBS, Bank of Ireland or the Santander group just at the moment, but I could be wrong).

Also, speak to Business Link about funding and they should be able to point you in the right direction (as should any corporate finance accountant).

DonkeyKong

67 posts

181 months

Thursday 28th May 2009
quotequote all
is it me, or is this forum starting to look like last week?

As discussed then:

http://www.pistonheads.com/gassing/topic.asp?h=0&a...