Save the Date! Mark your calendars for this coming Monday, Feb. 15, to attend FranNet’s next national webinar, “How to Fund Your Business”. This 30-minute webinar is free to attend will begin online at 11:00 a.m. CST. You can register by following this link:
What You’ll Learn
Not everyone has a nest egg of savings in reserve to buy the franchise of their dreams. Thus, it’s important to know the many ways a new business venture can be funded. In fact, you may be unaware of how many tax-free and penalty-free options you already have at your disposal! You’ll learn valuable information on how to access the external or internal capital you need to get your business venture established. Including some strategies you may not have considered!
Specific Funding Options
To purchase a franchise, you typically need 25-30% of the investment up front in cash, with the balance financed (assuming good credit). FranNet’s premier funding partner will be on-hand as the webinar host to present information on multiple funding options available to entrepreneurs such as:
- Traditional Bank Loans
- Franchise Funding Partners
- 401K & IRA Rollovers
- SBA Loans – 7(a) & CDC/504
Access to Capital – The Latest Updates
Has the funding game changed under the pandemic conditions? You’ll learn how to access capital using the latest guidelines, rules and regulations designed to free up capital, designed to keep business and commerce stable and moving forward. There are multiple updates on provisions for new SBA loans, including increased guarantee amounts and special fee waivers that you can take advantage of for a limited time in 2021!
If You Can’t Make It in Person…
Unable to make this particular webinar’s time and date? Register anyway and we’ll send you a link to the full presentation—which you can then view at a convenient time of your own.