+44 0333 305 9974

£50M Franchise Fund Launched

£50M Franchise Fund Launched

Date Added: 6 February 2017 6:28 pm Topics Covered:
  • franchise

Franchise Finance Ltd has launched a £50m fund that aims to "transform thousands of franchise businesses across the UK by providing franchisees with access to sufficient finance.The fund will supply loans of between £5,000 and £500,000 to existing and prospective franchisees looking to "fulfil the potential of existing operations or expand into new locations.

With a view to improving the process that franchisees face, the fund will offer loans at "competitive rates with repayment periods of up to five years.Furthermore, the firm claims franchisees can expect to learn the result of their application within just 48 hours of applying for one of the loans.

Chris Roberts, business development director at Franchise Finance, said: "All too often we see access to sufficient finance as a barrier to growth. Because this fund is specifically for the Franchise market, such frustrations are set to be a thing of the past for ambitious franchisees with strong business plans.

To learn more about the fund visit www.franchisefinance.co.uk

Posted By:

The Franchise Company Team

With over 90 years of combined experience within the Franchising sector, we’re a specialist franchise consultancy firm affiliated to The British Franchise Association.

+44 0333 305 9974