SBA Approved Franchises For Sale
Many franchises are approved by the Small Business Administration. Why does this matter? Applicants for SBA-approved franchises are granted expedited loan processing when applying for financial assistance from the SBA. Please browse our broad selection of SBA-approved franchises for sale in order to take advantage of this incredible program.
What Is the SBA?
If there is one thing that stops potential small business owners in their tracks more than any other hurdle, it’s financing. Simply put, it’s hard to save up enough money to start a business on your own, and securing financing can be tough—especially if this will be your first business endeavor. As a potential solution, the Small Business Administration is a government agency that assists potential business owners in getting the funding they need to get up and running.The Benefits of SBA Funding
New business owners aren’t always aware of the many potential benefits of going through the SBA to acquire a loan. In addition to speeding up the process if you are working with an SBA-approved franchise, you will also enjoy the following benefits:- Less cash required. You may be able to secure an SBA loan with less upfront money available than if you took out a business loan on your own.
- More time to pay. It’s possible that you’ll be offered a longer repayment period with this type of loan, which will reduce your monthly obligation and may help you make ends meet.
- Friendly to new businesses. Some banks are reluctant to work with new business owners on non-SBA loans, so this program is a great way to get the attention of a lender.
