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    14 Replies Latest reply on Jul 23, 2008 3:16 PM by hyland

    Anyone experience with financing opening up franchisees?

    andyl1987 Newbie
      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?