Franchise Purchase and Expansion

It is generally recognised that the purchase of a franchise provides a measure of comfort to individuals seeking to enter the world of business for the first time, due to the track record of the franchisor who has normally made a success of the business and can provide a business model to follow, and the existence of other franchisees who can supply details of their own experiences thus short circuiting many of the issues faced by new businesses. However, this expertise and support is not free, and in additional to initial spending on premises, plant and equipment etc. the prospective franchisee must also pay an up-front fee to the franchisor. The overall package can the therefore be significant.

NFS can put together a complete franchise purchase package, comprising:

• A loan to cover the initial purchase plus initial working capital requirements. SFLGS if required and available.
• Asset finance to cover initial plant/equipment, fixtures/fittings, and office equipment.
• Vehicle finance, if required.
• Invoice factoring, if required, to free funds as soon as possible for further use in the business.

This package is also available to existing franchisees wishing to expand or purchase another franchise.