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Franchise Financial Backing, Welcome
Who are you?? How do I make contact with you?? Email?? Phone??
Have you developed a business plan that I can read??
I can be contacted at email@example.com if you are serious about being a silent partner and have suffient collateral for backing.
Banks can be a little tight right now given the levels of defualt. Have you gotten out into your community and networked. Those in your community better understand your market and the potential it has.
Would suggest starting with your chamber of commerce to see what networking events are in your area. Then, attend them and talk to everyone. Never know who you will meet - they will either help you or know someone that can.
Best of Luck,
Business Money Today
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I am in the process of finalizing the agreement with a worldwide franchise for a tanning and spa franchise with a prime loaction secured. I am looking for a group or individual to be a silent partner and be co-applicant on a 350k loan which would be 50% conventional, 40% SBA 7a, and 10% cash down (funded by me). I am a C Corp and am only looking for the financial backing (no investment) to secure the loan and in return I could provide a percentage in the corporation profits until loan is paid. My personal situation with lack of sufficent collateral and reverse equity in my home is making the bank very unceratin I can secure on my own. I appreciate any insight and recommendations.