Franchise Programs Available
Franchise Program Examples: SBA Loan Example - 10 year Amortization - Real Estate can be inlcuded: Example A Example B Asking Price $325,000 $530,000 Working Capital $ 30,000 $ 40,000 Closing Costs $ 20,000 $ 30,000 Total Project $375,000 $600,000 Down Payment (20%) $ 75,000 $120,000 Example A loan amount: $300,000; payment per month $4,113; payment per year $49,349 + $50,000 salary = $99,349 x 1.25% (cash flow requirement) = $124,186 minimum required cash flow for this example to qualify. Example B loan amount: $480,000; payment per month $6,580; payment per year $78,959 + $70,000 salary = $148,959 x 1.25% (cash flow requirement) = $186,199 minimum required cash flow for this example to qualify. ***** Franchise Fee included in Purchase Price ***** Lease Example 2 Security Deposits in advance 84 Month term 10% Residual No Real Estate USDA Financing Available for businesses located in towns under 40,000 in population. Key differences with SBA 30 year amortization Can include real estate Conventional Bank Financing also available |