Page 144 - Entrepreneur - USA (January - February 2020)
P. 144
THE FRANCHISE
BANKING/FINANCING 10 First Financial 6 BAI Business 3 FranWise
New franchisees SBA financing for franchise startups, Alliance Inc. Operations and compliance consulting
often need thousands working capital, construction, Brokerage services for franchise
and acquisitions; equipment leasing companies and prospective franchise 4 Franchise FastLane
or even millions of
buyers Franchise sales organization
dollars to get their
11 BB&T
businesses up and running, so a
Retail, commercial, and corporate 7 FranServe 5 Franchise Creator
reliable financing source is
banking, investments, insurance, Consulting services to prospective Franchise development,
indispensable. Banks remain a
and wealth management franchise buyers marketing, and sales
popular choice, but in this year’s
ranking, a funding company 12 KeyBank 6 Helgerson
specializing in serving SBA and conventional Franchise Group
franchisees climbed to the top. financing, merchant and Development, management, and
treasury solutions, deposits FRANCHISE CONSULTING/ consulting services for emerging and
1 FranFund DEVELOPMENT established franchisors and suppliers
Funding solutions including 401(k) These are companies
7 Pinnacle
business financing, SBA loans, that work with Franchise
unsecured business loans, and FRANCHISE BROKER/ business owners who Development
equipment leasing want to turn their
REFERRAL NETWORKS brand into a franchise, or Franchise development services,
Guidant including sales, strategy, and consulting
2 These are organiza- that offer other consulting or
Financial tions of franchise development services to 8 DCV Franchise Group
401(k) business financing, SBA brokers or consultants established franchisors to make Franchise consulting services and
loans, unsecured business loans,
who help franchisees their operations more successful. financing
business valuations and appraisals, find the right franchise to buy.
and other business services
Their services are typically free to 9 Franchise
the person seeking to purchase a 1 iFranchise Performance Group
3 Benetrends
Financial franchise, and they are instead paid Group Franchise consulting firm specializing
by the franchisor when a sale is Franchise consulting and in franchise development
401(k) rollover funding, SBA loans,
and equipment leasing successfully made. development for startup and
existing franchisors 10 Raintree
Full-service franchise design,
4 Bank of America
1 IFPG 2 SMB Franchise marketing, and sales
Small-business banking, credit, Advisors
digital investing tools Membership-based franchise
broker organization Franchise consulting services for
emerging brands
5 ApplePie Capital
2 FranNet
Franchise financing
Franchise consultants that match
6 U.S. Bank clients to business opportunities
Business banking, conventional
3 FCC, The Franchise
and SBA financing, credit card
and payment solutions, wealth Consulting Company
management services Free consulting service to prospective
franchise buyers
iFranchise Group
7 Chase for Business
4 FranChoice
Deposit accounts, loans, credit
cards, cash management, Free consulting service to individuals
and payment processing considering franchise ownership
8 BMO Financial Group 5 Franchise Brokers
Banking solutions for franchisees, Association
including financing for acquisitions, Franchise broker training and
development, and remodeling membership organization
9 Live Oak Bank PHOTOGR APH COURTESY OF IFR ANCHISE GROUP
Small-business banking
142 / ENTREPRENEUR.COM / January-February 2020 Service descriptions come from respective suppliers.
