Financing for franchise restaurants
Running a franchise means meeting brand standards and remodeling on a set schedule. We help you explore capital for those investments or financing to buy the property where you operate.
GROW™ — capital for your next stage
GROW™: up to $350,000, up to 10-year terms, no prepayment penalty and no specific personal collateral required.
What owners typically invest in
- Kitchen and refrigeration equipment
- Brand-required remodels
- Point-of-sale and ordering systems
- Hiring and training staff
- Opening an additional unit
OWN™ — buy the building where you operate
The kitchen, hood, grease traps and drive-thru are expensive build-outs tied to the building. If the lease is not renewed, that investment is lost and the traffic you built stays with the address. Owning the property gives you control of occupancy cost and of the remodel calendar.
What lenders typically review
Lenders usually review how long the business has operated, its cash flow, the owners’ credit and unit performance and the franchise agreement. For GROW™, reference guidelines include three or more years in operation, a personal FICO of 650 or above, a minimum SBSS score of 165, personal and business debts current, repayment capacity with a minimum DSCR of 1.25x and no bankruptcy in the last seven years. GROW™ does not require specific personal collateral, though limited business collateral requirements may apply. To buy the property through OWN™, your business must occupy most of the building.
Frequently asked questions
Does capital cover the brand-required remodel?
Yes, it is one of the most frequent uses. Leasehold improvements are contemplated, subject to lender approval.
Can I finance buying another unit?
Eligible business acquisitions are considered in specific industries, and franchises are often included.
Can I buy the building I operate in?
In many cases, yes, through OWN\u2122: amounts up to $5 million or more with a 45\u201360 day target closing.
Do I need franchisor consent?
Usually yes for certain transactions. We review it with you while preparing the file.
Related uses of capital
Every rent payment builds your landlord's equity. With owner-occupied SBA financing, you can buy the building you rent today and turn that monthly payment into an asset you own.
Learn more
Buying a business that already works gives you customers, staff and cash flow from day one. SBA financing can cover the acquisition and, when it applies, the building too.
Learn more
The right equipment lets you serve more customers, work faster and offer new services. With working capital you can invest in it without draining your operating account.
Learn moreIndustries
- Accounting & tax
- Agriculture
- Auto dealerships
- Automotive care
- Broadband
- Dental practices
- Educational services
- Fitness centers
- Franchises
- Funeral homes & crematories
- Government contracting
- Hardware stores
- Healthcare
- Home care
- HVAC & plumbing contractors
- Insurance agencies
- Investment advisory
- Law firms
- Managed service providers
- Pet care facilities
- Pharmacies
- Professional services firms
- Property management
- Restoration, remediation & cleaning
- RV parks
- Self-storage
- Veterinary clinics
- Other established small businesses
Find out what your business may qualify for
Answer a few questions and an advisor will review your case, with no obligation.
All financing is subject to approval, financial analysis and lender terms.