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BNI Global franchise financing options

Compare costs, fees and where to get financing for a BNI Global.

Editor's choice: OnDeck business lines of credit

  • Business or practice ownership not required
  • No hard annual revenue or time-in-business criteria
  • Multiple loans OK
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Overall costs for BNI Global run anywhere from $59,600 to $81,300. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

Estimated initial costs

Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your BNI Global franchise may result in higher or lower fees.

Franchise fees

BNI Global franchise fees total around $45,000, which is more than the $37,000 average for the 200 largest franchises.
Franchise Cost
Initial franchise fee $45,000 to $45,000
Estimated total $45,000 to $45,000

Equipment fees

Equipment fees total $7,500 for BNI Global. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Supplies, equipment and software $6,000 to $7,000
Computer $500 to $1,500
Estimated total $6,500 to $8,500

Real estate fees

Real estate will set you back $750 for BNI Global, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Deposits $500 to $1,000
Estimated total $500 to $1,000

Training fees

BNI Global initial training costs total $5,200, which comes in under the nationwide average of $9,788.
Training Cost
Orientation and conference and travel expenses $2,000 to $4,000
Training fees $1,600 to $2,800
Estimated total $3,600 to $6,800

Marketing costs

Advertisement and marketing costs total up to $750 for BNI Global, beating out the nationwide average of $9,938.
Marketing Cost
Advertising expenses $500 to $1,000
Estimated total $500 to $1,000

Insurance costs

Initial insurance costs for BNI Global run $2,250. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
Insurance $500 to $4,000
Estimated total $500 to $4,000

Other expenses

Miscellaneous expenses for BNI Global total $9,000 — less than the nationwide average of $69,970.
Other Cost
Professional fees $2,000 to $10,000
Three months' additional funds $1,000 to $5,000
Estimated total $3,000 to $15,000
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2021.

How to finance

Since the estimated total for BNI Global is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the BNI Global franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to BNI Global about in-house financing for franchisees.
  3. If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $70,450 estimated opening costs.
  4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
  5. Once you settle on a lender, gather all required documents, including account statements and assets.
  6. Apply for financing online or in person as required by the lender.

What types of financing is available?

Consider one of the following options for covering a portion of the costs to open a BNI Global.
  • Online loan. For a turnaround that's faster than a bank, an online business loan could be the way to go. Credit requirements are often more flexible than those of traditional bank loans, too.
  • Credit card. Using a business credit card allows you to spend up to your preapproved limit. This means if extra expenses pop up, you can likely cover them without having to take out another type of financing.
  • Bank loan. If you have stronger credit — typically a score of 670 or higher — a traditional bank loan may get you a more favorable interest rate than a credit card or online loan.
  • SBA loan. Qualifying for an SBA loan is easier than a traditional bank loan, but it typically comes with fees and higher interest rates.
Also check if BNI Global franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You may not need financing to cover the estimated $59,600. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
Name Product Filter Values Min. Amount Max. Amount Requirements
OnDeck small business loans
$5,000
$250,000
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.
Fora Financial business loans
$5,000
$500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Great for SBA loan applicants.
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
ROK Financial business loans
$10,000
$5,000,000
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
LendingClub personal loans for business
$1,000
$40,000
US citizen or permanent resident, verifiable bank account, steady source of income, ages 18+.
Get prequalified for a personal loan up to $40,000 to help you grow your business. Great for new business owners with at least fair credit.
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How BNI Global stacks up

Compare how BNI Global holds up against two similarly sized franchises.
Circle K BNI Global Jan-Pro
Average Franchise fees $20,000 $45,000 $31,575
Average Equipment fees $342,500 $7,500 $1,475
Average Real estate fees $776,500 $750 $275
Average Training fees $10,500 $5,200 $175
Average Inventory fees $80,000 NA NA
Average Marketing fees NA $750 NA
Average Licenses and permits fees $6,000 NA NA
Average Insurance fees $8,250 $2,250 NA
Average Admin fees $8,000 NA $965
Average Personnel fees NA NA NA
Average Other fees $18,000 $9,000 $350

Bottom line

BNI Global franchise costs run a total of $70,450. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.

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