The franchise business will contact you by means of email and/ or telephone only to the email address and phone number you have provided.
By submitting the enquiry form you are consenting to send your personal information to the selected franchise business.
You also agree to receive further newsletter email marketing from What Franchise.
Close
Has the so-called credit crunch had any significant impact on franchisee lending?
There are two aspects to this: one being the availability of funds, the other being the effect of the financial turmoil on house prices, and therefore the available equity that a potential franchisee has to secure all or some of their loan. There is little doubt that lending decisions are taking longer, and this may well have to do with the problems that some banks are having getting their hands on enough money to lend. Not that adding up all the money lent to all franchisees in any given year would be likely to cause any of the major banks a headache. However, they do have to consider all the other lending they do and allocate funds accordingly. In recent years many franchisees have chosen not to go the traditional route of business loans and have simply chosen to raise funds by increasing their mortgage. With house prices slowing down and re- mortgages becoming harder to arrange, there is little doubt there will be an adverse effect on franchisee lending. However, if this means that only the better franchisors can find support for their better prospects from the better lenders, this may be no bad thing.
You might also be interested in
Answered by Vincent Anthony
Vincent Anthony writes: The property market has wide appeal because it is relevant to everyone: we all... read more
Answered by Louise Harris
Louise Harris writes: Richness or wealth is relative. We always want more, I guess. So, what is... read more
Answered by Shelley Nadler
Shelley Nadler writes: A concern that businesses may have when deciding to franchise their business, is the... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: There are two elements to consider here. First is the franchise fee itself, and... read more
Exciting Franchise Opportunities
Start your own PACK & SEND franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to PACK & SEND for further information!
Start your own Driver Hire franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Driver Hire for further information!
Start your own Premier Education franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Premier Education for further information!
Start your own Amorino UK franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Amorino UK for further information!
Start your own Local Eats franchise
Yes
Find Out MoreIn excess of £70,000
Request Free Information
Send a free enquiry to Local Eats for further information!
Companies to Consider
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
-
50 franchises with funding plans in 2024
Added 2 months ago | 2 min read
-
How Fun Fest’s franchisees are achieving £500,000 turnovers
Added 4 weeks ago | 2 min read
-
How URBAN went from hometown hero to national name
Added one month ago | 2 min read
Franchises by Minimum Investment
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
-
Under 10k
Starting a franchise doesn't have to be costly
Click here -
Under 20k
A mid-range investment for the more experienced
Click here -
Under 50k
If you have experience and more to invest
Click here -
Over 50k
If budget is not an issue, then don't miss these
Click here -
Local Franchises
Find the perfect franchise in a location to suit you
Click here
What Franchise Newsletter
Keep up to date with all the industry news