Editor's choice: First Down Funding business loans
- No prepayment penalties
- Competitive rates
- Works with bad credit and most industries
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.
It’s an incredible undertaking to open up a business — either from the ground up or within an existing franchise. As a future franchisee, you’re probably wondering about the costs to open, how you secure financing and what’s expected by your franchisor. We’ve researched these questions to provide what you need to know.
You have several avenues to research when looking into funding your franchise.
$1 million–$2 million
$1 million–$2 million
$1.5 million–$3 million
Wyndham Hotels and Resorts
$40 million–$65 million
Hilton Hotels & Resorts
$30 million–$110 million
Varies by brand and number of rooms
$60 million–$100 million
Now that you know your different routes to choose from, here’s what to keep an eye out for when weighing your options.
You’ve got your choices nailed down and you want to apply. Here are several things that most business lenders will ask for:
Opening up a franchise is a huge undertaking that takes no shortage of time and effort. Once you’ve done your homework to find a franchisor you want to work with, you’ll want to review the funding options available to get the ball rolling. When you’re taking out financing, be sure to work with a reputable lender, getting only the amount what you need.
Pause repayments, look for low-cost relief to cover expenses and other tips to keep your finances healthy while unemployed.
This new bank got tens of thousands of account requests within 24 hours of launching its website.
If your hospital already borrowed, consider these alternatives before payments are due.
While the SBA is now processing PPP loan forgiveness applications, many lenders have yet to start working through their backlog.
Developing a long-term relationship with your local banker can be a great investment for your business.
How we determine the scores for our reviews.
The 10 metrics that help us rank the lenders we review.
Applications now open to recipients of the Paycheck Protection Program.
Compare our 5 top picks for SBA loans, bank loans, startup financing and more.
This invitation-only financing could help businesses stay on top of shopping trends.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.