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Budget Blinds franchise financing options

Compare costs, fees and where to get financing for a Budget Blinds.

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 Budget Blinds run anywhere from $125,340 to $254,370. 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 Budget Blinds franchise may result in higher or lower fees.

Franchise fees

Budget Blinds franchise fees total around $119,950, which is more than the $37,000 average for the 200 largest franchises.
Franchise Cost
Initial franchise fee $19,950 to $19,950
Initial territory fee $70,000 to $70,000
Additional territory fee for second territory purchased at the same time $0 to $60,000
Royalty Monthly payment: $300 u2013 months 1-6 $700 u2013 months 7-12 $1,100 u2013 months 13-24 $1,500 u2013 months 25-36$2,000 from then on
Estimated total $89,950 to $149,950

Equipment fees

Equipment fees total $31,755 for Budget Blinds. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Work vehicle $10,000 to $48,000
Computer $1,200 to $2,000
Credit card terminal $30 to $500
Telephone equipment $60 to $120
Additional tools and supplies $100 to $1,500
Estimated total $11,390 to $52,120

Training fees

Budget Blinds initial training costs total $1,375, which comes in under the nationwide average of $9,788.
Training Cost
Excess costs of training $250 to $2,500
Initial training First 2 attendees are free. Each additional attendee pays $100 per day.
Estimated total $250 to $2,500

Licenses and permits costs

Budget Blinds initial licenses and permits will set you back $750. This comes out to less than $18,770 — the overall nationwide average.
Licenses and permits Cost
Contractor's license and bond $0 to $1,500
Estimated total $0 to $1,500

Insurance costs

Initial insurance costs for Budget Blinds run $2,900. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
Auto insurance $500 to $2,400
Commercial general liability insurance $500 to $2,400
Estimated total $1,000 to $4,800

Other expenses

Miscellaneous expenses for Budget Blinds total $33,125 — less than the nationwide average of $69,970.
Other Cost
Professional services $750 to $3,500
Three months' additional funds $22,000 to $40,000
Estimated total $22,750 to $43,500
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 Budget Blinds is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Budget Blinds franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Budget Blinds 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 $189,855 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?

You have several options when it comes to financing a Budget Blinds — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
  • Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
  • Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Budget Blinds opening costs.
  • SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Also check if Budget Blinds 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 $125,340. 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 Budget Blinds stacks up

Compare how Budget Blinds holds up against two similarly sized franchises.
Valvoline Instant Oil Change Budget Blinds Cold Stone Creamery
Average Franchise fees NA $119,950 $17,500
Average Equipment fees $3,200,312,500 $31,755 $83,100
Average Real estate fees $215,000,059,625 NA $116,500
Average Training fees $7,500 $1,375 $5,425
Average Inventory fees $26,000 NA $4,500
Average Marketing fees $8,750 NA $7,500
Average Licenses and permits fees $30,000 $750 $1,750
Average Insurance fees NA $2,900 $1,500
Average Admin fees NA NA $1,350
Average Personnel fees NA NA $500
Average Other fees $57,500 $33,125 $22,463

Bottom line

Budget Blinds franchise costs run a total of $189,855. 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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