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Can You Finance a Franchise With Existing Assets?

Can you finance a franchise with assets you already have? In this episode of Funding a Franchise, Lisa Welko from Integrity Franchise Group sits down with a franchise funding specialist to explain how aspiring business owners can fund a franchise using existing assets.

They look at three examples: home equity, 401(k) rollovers and SBA loans.

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What’s covered

0:22 What lenders look for (credit score, liquidity, strategy)

1:02 Net worth vs. liquidity: what matters

1:38 Funding options: SBA, 401(k) rollover, home equity

3:05 Lisa’s takeaway: let’s find out together

What will you learn from this video?

  • How aspiring business owners can fund a franchise with existing assets
  • How home equity can play a part
  • How 401(k) rollovers can play a part
  • Where SBA loans come in

What are the key takeaways?

  • Funding a franchise does not always start from scratch; existing assets such as home equity and 401(k) rollovers can be part of the conversation.
  • SBA loans are another option covered in the episode.
  • Each option has its own rules, so look at the details before you decide.

Who is this video for?

This is episode 2 of the Funding a Franchise series.

For a written look at SBA loans, read our guide, Can I Use an SBA Loan to Buy a Franchise?

Good to know

This video is general education about funding options. It is not financial, tax or legal advice, and what applies to you depends on your own situation.

Not sure whether this applies to you?

That’s the kind of thing a 15 to 25 minute call sorts out quickly. Complimentary, with no obligation.

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