We understand that each franchise is different. We offer financing that fits your needs, whether for getting started, buying equipment, or covering daily expenses.
Enjoy competitive interest rates that help you manage your investment better and increase your profits.
Our simple application process quickly gets you the funds you need.
Our team provides personal support and advice throughout the financing process.
A franchising loan is a particular type of financing designed to help you start or grow a franchise. It can cover costs like franchise fees, equipment, renovations, and working capital to keep your business running smoothly.
You can apply for a franchising loan to start a new franchise or expand an existing one. This includes anyone from budding entrepreneurs and small business owners to investors wanting to enter the franchise game.
To qualify, you generally need:
Interest rates vary based on the lender, your credit profile, and the loan term. They typically range from 5% to 12% per year. It’s a good idea to shop around and compare rates to find the best deal for you.
Repayment terms usually range from 3 to 10 years. Longer terms can lower your monthly payments, while shorter terms might save you money on interest overall. Your terms will depend on the loan amount and your franchise’s needs.
Absolutely! You can use a franchising loan for various expenses, such as initial franchise fees, buying equipment, renovations, and working capital. Just ensure you clearly outline how you’ll use the funds when applying.
Approval times can vary, but many lenders offer quick processing. Depending on how detailed your application is and the lender’s process, you might get approved in a few days to a few weeks.
Some loans may have fees, such as application fees, origination fees, or prepayment penalties. Be sure to read the loan agreement carefully so you are aware of any potential costs before you accept the loan.
If you’re having trouble making repayments, contact your lender as soon as possible. Many lenders will work with you to adjust your repayment terms or set up a plan to help you manage the situation.
We can not thank the Triple 0 finance team enough for their help in securing our dream home. Special shout out to Nish and Ash for their dedication, open communication and support throughout the loan application process. From day one, we knew we were in safe hands. Every time we raised a concern, they had a solution. Nish and Ash made the whole process run smoothly and secured us a fantastic rate considering the current climate. Thanks guys!
We found Ash and Triple O Finance Team through an online platform.
Ash set up an interview with me and obtained all our financial requirements and objectives.
The Initial application was for refinance of our family home for a better interest rate and some debt consolidation. Ash and his Team reviewed our application and provided us with a very competitive interest rate along with the cash back offer.
We recently worked with Triple O Finance for our mortgage needs and what a pleasure it was. Nishant is highly knowledgeable and guided us flawlessly throughout the process. During our initial call he was meticulously prepared and clearly understood our requirements. He walked us through all the options with a clear thought process and helped us choose the best option for our needs.
I recently had the pleasure of working with Nishant and Jill from Triple O Finance to purchase my house, and I couldn’t be happier with the experience. Nishant went above and beyond to ensure a smooth and successful transaction.
By our personal experience, we highly recommend Triple 0 Finance for all your loan and financial needs. Nishant and their team are exceptionally knowledgeable and adept in their fields, offering a wide range of the latest financial products. From the moment we reached out to Nishant Ramavat at Triple O Finance, his proactive and genuine guidance has continuously impressed me. Without Nishant’s assistance, obtaining a home loan and taking a step closer to realizing our dreams would have been much more challenging. Thank you so much Nishant – Manoj & Tejaswini from N.T
I have had the pleasure of working with Triple O finance since a few years. Ash and Jill have always provided a top-notch service. I have recommended them to a few of my family and friends, and they have been very happy with the service as well.
Happy with the service although settlement short falls need to be better anticipated/managed and better awareness of Bank Holidays when requesting attendance to bank branches to make payments. This unplanned activity was quite disruptive to my day as I was with clients, fortunately my manager was able to cover for me to some extent.
