Our franchise financing specialist worked with the franchise owner to secure funding for a new Giordano’s Pizza in Holland, MI.
He was approved for a loan of $775K to invest in his new franchise.
|$775,000 ($100K working capital included)||Loan Closed 25 Days After Full Submission|
|75% Loan-to-Project Cost||No Escrow for Build-Out|
|8.73% Fixed Rate for 7 Years – (6 months interest-only)||Borrowers Had NO Industry Experience|
|NO Personal Collateral & NO Real Estate||NO Prepay Required|