At National Franchise Business Solutions, we have work with over a hundred lenders throughout the nation, and we are able to find the best finance options, rates, and terms to meet the needs of our clients. Whether you need business or franchise financing to start your new business, are planning to purchase a piece of commercial property, or you need a line a credit to pay employees, buy new equipment, start a marketing campaign, or expand your business, we can find the right solution to fit your needs.
We offer a wide range of commercial funding and business credit options. Some of our most popular programs include:
Unsecured Business Loans: If you have tried to get a business loan from a bank, you know how difficult the process can be. Over 80% of applicants are turned down for a loan to start a business through their bank. We provide business finance options that are easy to qualify for, have flexible terms, and have no collateral requirement. These loans can be used for business and franchise startups or to expand your existing business with payment options to fit your budget. We have introductory rates as low as 0%, and you can borrow up to $200,000.
Business Term Loans: If you have an existing business and a credit score above 700, you may qualify for a business term loan. These loans are unsecured and no collateral is needed, and interest rates start as low as 6%. They are often used to pay off higher interest debt or any other business use, and there are no restrictions on how you use the money. Loan amounts range from $20,000 to $5 million.
Merchant Cash Advances: This is one of our most popular loan programs. Merchant cash advances, also known as revenue-based advances and working capital loans, allow you to obtain a line of credit based on the cashflow of your business rather than your credit score. You need to have been in business for at least 6 months and show bank or merchant credit card processing statements to show your monthly gross income. The amount you can borrow is typically up to one month of gross revenue. For example, if your monthly gross receipts are $50,000, you can usually borrow up to that amount.
Equipment Financing: Are you looking to add new equipment or upgrade your existing equipment? Our equipment financing provides the ideal solution. You can use this loan to finance 100% of your equipment, helping you build business credit and preserve your working capital for other uses. In addition, this type of loan could potentially be a tax write-off for your business. Loan amounts range from $5,000 to $2 million.
Commercial Real Estate Loans: If you are looking to purchase a piece of commercial property, you may have already found that many banks shy away from these types of loans. We provide equity-based funding for almost any type of property with more options than virtually any other lender. This includes residential real estate as long as it is not owner-occupied. One popular use of our commercial real estate loans is for “fix and flip” funding. Real estate investors love these types of loans for purchasing houses they are planning to remodel and flip for a profit. Flexible financing options are available including an interest-only option, and loan amounts range from $100,000 to $5 million.
Retirement Financing: If you have an IRA or 401K account, you can use it to finance your new franchise or other type of business startup or to fund the expansion of your business. This product allows you to tap into your retirement account without paying an early withdrawal penalty to the IRS. There are no credit qualifications needed, and we provide five years of management consulting to give you advice on tax planning, the best legal entity structure to use, and exit planning.
SBA Loans: One of the best funding options for business and franchise startups is an SBA loan. These loans are attractive because major portions of them are guaranteed by the Small Business Administration (SBA). The problem is that a large percentage of SBA loan applications are turned down if you apply through a bank. We work with the country’s most aggressive SBA lenders, and we professionally prepare the loan documents and locate a lender that is capable of approving your loan. We also have a franchise funding division that has extensive expertise in ensuring that your new franchise business obtains SBA financing.
If you are in need of any type of franchise or business funding, we have the ability to accommodate your needs in most circumstances. If you have any further questions about our commercial finance options, call us at 651-202-8636, or you may apply directly by filling out the contact form on this page. We look forward to serving you!