PIZZA FRANCHISE FUNDED
CASE STUDY: Established Pizza Franchisee
Recently funded, $100,000.00
Term: 12 months
Funded within 5 Business Days
A franchise pizza location operator who needed some operating capital contacted our partners to discover what options might be available to him.
At the time, the franchisee was struggling with the seasonal ups and downs, in this period it was more down than up and operating capital was much needed.
In fact, the franchise owner had recently taken on the responsibility of the franchisee. The franchise owner had made the last TWO lease payments, covered some of the inventory invoices and was about to reclaim that location as he was not about to take on the payroll for that location.
Seasonal ups and downs happen. We all know that. But it does not have to mean the end of your business.
Most banks and traditional lenders will look for some sort of collateral. It might be personal or business. It could be your equipment, your business assets and sometimes if it is secured personally, they will secure the loan with your home.
With our financial solutions, we do not secure the loan with your home. Our partners provide unsecured loans up to $500,000 for businesses with six months of transactions. That is exactly what this franchise location operator needed to hear.
Our financial solution partners were on location within a couple of days. Once on location, they connected to the point-of-sale (POS) terminal and in 15 minutes were able to confirm the pizza franchise owner did indeed have strong sales history with lots of debit and credit card transactions. This lead to a phone call and written offer to provide an immediate influx of cash flow, and an offer in writing the next day.
The franchise location operator qualified for $150,000 based on previous sales. After considering the options and working with his personal consultant, the smart decision was made to accept $100,000, rather than the full approved amount.
The funds were deposited into the business account after 5 days from the financial solutions consultants first visit.
The repayment terms were simple.
FLEX SOLUTION, a flexible payment percentage based on monthly sales. That made repayment easier during good months and in less than ideal months over the next 12 months.
Many of the Flex Solution Financing arrangements range from 12 to 36 months, terms. This makes repayment “flexible” and achievable. It is a plan business owners can live with.
CASE STUDY: Established Pizza Franchisee
Recently funded, $100,000.00
Term: 12 months
Funded within 5 Business Days
Contact our team. Get in touch with our partners. Get funded today.
Do you qualify for immediate business financing?
Find out today. Get funded fast and grow your business.
Funding is provided by a third-party source. All funding transactions are private and confidential. EmpoweredEntrepreneur.ca may be compensated for funding transactions.
