Many independent brokers are searching for an innovative real estate franchise, like Area Pro Realty (Area Pro Realtys franchise page.  Once these brokers find the best real estate franchise for them, they often find themselves (in this market) lacking the necessary start up capital. There are several sources of finances. When researching which real estate franchises available, always ask the sales rep for that company if in-house financing is available. Sometimes there is, and sometimes there isnt. If so, get the details of your in-house financing options (i.e. credit score needed, interest rate, amount financed, etc).

Another option for you is an SBA loan. SBA loans (or micro-loans from banks) are readily available for people with good credit scores and a solid business plan. Yes, you need a business plan even when buying a real estate franchised system.

Remember, when researching companies, there are literally dozens of real estate franchises for sale, make sure you pick one that suites your needs the best, in other words, research, research, research.

 
This post has been included in New York Information

0 Comments on Sources for financing a franchise?

Comments have been disabled by the author

 
Profile_pic Rainmaker_large

Nick Roth

Fairfield, CA

More about me…

Area Pro Realty

Office Phone: (925) 798-2732

Email Me

Everything and anything you needed to know about franchising


Links

Archives

RSS 2.0 Feed for this blog

Find CA real estate agents and Fairfield real estate on ActiveRain.