Franchise Financing Options
The importance of Financing in the Franchise process cannot be understated.
You may utilize a local bank or other financial relationships in your community, or you may decide to access funds from an IRA or 401-K to buy stock in your new corporation.
You have the ability to pursue an SBA Loan which is guaranteed through the federal government, Arooga's Grille House and Sports Bar is a member of the "Franchise Registry". If you are pursuing an SBA guaranteed loan our participation in the franchise registry will provide you with expedited processing of your loan request.
There are multiple ways to make your franchising dream a reality. Please make use of the resources below to help determine the best options for your specific situation.
Arooga's Grille House & Sports Bar has relationships with a number of financial resources "That Will Help to Put Money in the Hands of Our Franchisees". Those financial resources are provided below, please click on the appropriate links to receive additional information on their services. Arooga's does not have any business interest in any of the financial services listed below, and offers the introduction to these financial service providers as a benefit to their potential franchise partners.
Benetrends offers the following financial options:
The Rainmaker Program : Rainmaker One-Sheet - offers the ability to utilize 401-K or IRA funds to finance your business.
- An initial set up fee and a monthly administration fee (starting 30 days after client engages) fee
Wendy Skemer - Benetrends Senior Sales Consultant
Address: 1180 Welsh Road, Suite 280, North Wales, PA 19454
O: 866.423.6387 x123 D: 267.328.1303 C: 267.273.4310 F: 267.638.0195
Diamond Financial offers the following financial services:
- LeverageLine™ (Securities‐Based Credit Lines)
- Diamond Retirement Funding™(401K Rollover)
- Equipment Leasing ($10K ‐ $500K / terms from 12 - 60 months )
- FranBank™ ($500K – 5 Million)
- 3 Year Term Loan ($25K – 150K)
- SBA 7(A) Loans ($250K‐5 Million)
- UBLOC™ (Unsecured Business Lines of Credit) Program ($10K‐$150K+)
Pango Financial offers the Dreamspark program :
The Dreamspark Program : utilize 401-K or IRA funds to finance your business.
The DreamSpark plan is tax-deferred and penalty-free.
Pay yourself a salary starting on day one!
Fund operations, expansion or any legitimate business activity.
You and your employees can enjoy the advantages of a traditional retirement savings plan.
You select the investment company to manage your retirement funds not invested in your business
Candice Caruso - President
P: 302.543.8535 M: 267.992.2265
Direct Connect Ventures (DCV), is a full service franchise financing firm, to help franchise candidates as well as existing franchisees understand their financing options and explore financing solutions, whether starting a new business, adding equipment, upgrading an existing store, or building a credit line for their business. DCV has placed financing for thousands of startups, refresh projects and expansions across the nation.
Anthony Byrd - Financing Strategies Analyst
Phone: 805.449.2411 | E-Mail: firstname.lastname@example.org
Address: 468 Pennsfield Place, Suite 203, Thousand Oaks, CA 91360
BQual is no charge to the franchisee to receive a small business credit score similar to your personal FICO score .... ( Click on the Link on our page to get your FREE BQUAL analysis )
Once approved, Boefly has three different service levels in assisting you to acquire a loan from one of their over 3,000 participating lenders.
Keep in mind you are also encouraged to utilize any local banking or financial relationships in your community.
Another Option: Your IRA or 401 - K
How to use your IRA or 401 - K to help finance your franchise purchase:
- Roll over your retirement plan balance without tax or penalties.
- Use your balance for the equity injection required for your SBA loan.
- Save 50% or more of your retirement from being eroded by state and federal taxes.
When You're Ready to Talk
For more information on available franchise markets and to learn more about the Arooga's Nation please click or tap the Request Information button at the top of this page, provide us with your contact info, and we will give you a call.