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.
Will a franchisor assist in finding finance for a franchisee?
They certainly will, and all well-structured franchises have close relationships with the major banks that have specialist franchise sections. Historically the banks have been very supportive of franchising, often offering better terms than they would to an independent start-up, because they perceive franchisees to be far safer lending propositions. Of course, in the current financial climate things have changed. Although the banks claim ‘business as usual’, many franchisors are experiencing delays in approvals, a requirement for greater levels of security and requests for a more robust, demonstrable business plan than has perhaps been the case in the past. None of that is necessarily a bad thing, despite the temporary inconvenience that it may cause, because it should lead to a more considered entry into a franchise relationship for both franchisee and franchisor. Proper financial planning will lead to even safer, and more successful, franchise lending in the future. Banks may choose to stop supporting some franchisors, but there will usually be a good reason for that, which will make franchisees think more carefully about which system to join.
You might also be interested in
Will a franchisor tailor its initial training to me or will it only provide set instruction that covers all aspects of the business?
Answered by Alan Wilkinson
Alan Wilkinson writes: When a franchisor recruits franchisees, it will have a set profile of the type... read more
Answered by John Pratt
John Pratt writes: There may be none if you’re not suited to dealing with businesses. Many people like... read more
Answered by Louise Harris
Louise Harris writes: Not all franchises are based on territories. Some may be split into business sectors,... read more
Answered by Renata Selley
Renata Selley writes: Your ‘year-end’ is the date when your franchise accounting period ends. Communication is king... read more
Exciting Franchise Opportunities
Companies to Consider
Seniors Helping Seniors
Ask for more information
Expense Reduction Analysts...
Through major banks
£14,000 per week
Multi-unit opportunities available
£120,000 net profit
Up to £230,000
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
Added one year ago | 2 min read
Added 21 hours ago | 2 min read
Added 3 days ago | 2 min read
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
What Franchise Newsletter
Keep up to date with all the industry news