After looking at SBA loans, the now-owner of Orange Theory Fitness realized that franchise financing would be a great fit for his financing needs.
Now that his financing is secured, he has a new, sustainable source of income for him and his family.
$450,000 ($50K 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 |