Franchise Financing In Montclair, NJ

For emerging business owners in Montclair, NJ, franchises offer a very high earning potential. Franchises have a streamlined business model to maximize revenue while minimizing the resources used to manage operations, with the additional benefits of built-in branding, training, and support. However, financing a franchise can be fraught with challenges for new business owners, and bank requirements are frequently prohibitive for first time-franchise owners. Fortunately, there is franchise financing available to Montclair, NJ entrepreneurs which covers commercial real estate, equipment, working capital, and everything in between.

Purchasing Property For Franchises In Montclair, NJ

Most franchises require physical establishments, as well as (depending on the type of franchise) custom construction and build-outs. While some franchisors will help guide new owners to find the light location, paying for property acquisitions and construction still falls on the shoulders of the franchisees. In these cases, there are a number of commercial real estate financing programs designed to help new franchise owners get the property they need, quickly and efficiently. Construction loans, mezzanine financing, small business loans, bridge loans and more are available to keep the momentum of the initial project going to get franchise owners to the “grand opening” quickly, without breaking the bank.

Franchise Equipment Financing In Montclair, NJ

Whether a franchise needs kitchen appliances, computers, delivery vehicles, or highly specialized equipment, there are financing options available that do not place any debt on the balance sheets. Equipment financing programs spread out the cost of equipment over low monthly installments, which is a much friendlier alternative to dealing with the red tape of traditional bank loans. Equipment financing also gives Montclair franchise owners a number of options, such as maintenance, training, and the ability to upgrade – all of which can get bundled into the financing agreement. Leasing equipment also offers big savings in the for of tax deductibles, up to $500,000 every year.

Working Capital For Montclair Franchise Owners

New franchise owners in Montclair, NJ have a number of options available for extra working capital. If a franchise accepts credit cards from customers, then merchant cash advances might be an ideal solution. Merchant cash advances are an injection of working capital which does not place debt on the balance sheet, and offers flexibility because there is no rigid payment schedule. Unsecured business lines of credit are also available to new franchise owners in the Montclair area, without having to deal with low spending limits and “introductory offers” from traditional credit providers. These are but two of many special programs to help out franchise owners in Montclair, NJ.

Get Started Today

If you are opening a franchise in the greater Montclair, NJ area, contract The Capital Lenders at 973-577-4226. Our team will work with you directly to provide the franchise financing you need to launch and grow your operation successfully.