We have been to bank of america to get a loan to startup a subway franchise. We were denied and we were recommend to apply for a sba loan.
I have a couple of questions.
Do franchisees offer financing themselves? If so, what percentage?
Through the sba loan, how much do we have to put up for collateral, maybe a car or cash?
Are there other methods to finance our franchise startup?
Anyone have more experience with a franchise startup?
I have a couple of questions.
Do franchisees offer financing themselves? If so, what percentage?
Through the sba loan, how much do we have to put up for collateral, maybe a car or cash?
Are there other methods to finance our franchise startup?
Anyone have more experience with a franchise startup?
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