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Proforma franchise financing options

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

Overall costs for Proforma run anywhere from $44,030 to $59,200. 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 Proforma franchise may result in higher or lower fees.

Franchise fees

Proforma franchise fees total around $34,500, which beats out the $37,000 average for the 200 largest franchises nationwide.
Franchise Cost
Initial franchise fee $34,500 to $34,500
Estimated total $34,500 to $34,500

Equipment fees

Equipment fees total $3,850 for Proforma. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Computer hardware $0 to $4,000
Equipment, fixtures, fixed assets and stationery $700 to $3,000
Estimated total $700 to $7,000

Real estate fees

Real estate will set you back $2,650 for Proforma, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
First month preopening lease, rent and security deposit $0 to $2,000
Utility deposits, insurance and licenses $300 to $3,000
Estimated total $300 to $5,000

Training fees

Proforma initial training costs total $1,500, which comes in under the nationwide average of $9,788.
Training Cost
Travel, room and board for initial training $1,000 to $2,000
Supplemental training fee Cost of meals and additional training materials.
Estimated total $1,000 to $2,000

Marketing costs

Advertisement and marketing costs total up to $4,500 for Proforma, beating out the nationwide average of $9,938.
Marketing Cost
Customized veteran's fast-track marketing kit $4,500 to $4,500
Estimated total $4,500 to $4,500

Administrative fees

Proforma administrative fees total up to $115 — which comes in under the overall nationwide average of $6,761.
Admin Cost
Internet service provider and antivirus software $30 to $200
Estimated total $30 to $200

Other expenses

Miscellaneous expenses for Proforma total $4,500 — less than the nationwide average of $69,970.
Other Cost
Three to six months' additional funds $3,000 to $6,000
Estimated total $3,000 to $6,000
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 Proforma is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Proforma franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Proforma 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 $51,615 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 Proforma.
  • 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 Proforma 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 $44,030. 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 Proforma stacks up

Compare how Proforma holds up against two similarly sized franchises.
Bricks 4 Kidz Proforma Ben & Jerry's
Average Franchise fees $30,000 $34,500 $22,250
Average Equipment fees $1,000 $3,850 $113,300
Average Real estate fees NA $2,650 $155,750
Average Training fees $1,250 $1,500 $2,000
Average Inventory fees $1,100 NA $10,000
Average Marketing fees $3,250 $4,500 $3,000
Average Licenses and permits fees $125 NA NA
Average Insurance fees NA NA $1,500
Average Admin fees $675 $115 NA
Average Personnel fees NA NA NA
Average Other fees $1,250 $4,500 $67,000

Bottom line

Proforma franchise costs run a total of $51,615. 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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