Shopping around for competitive business loan rates for FRANCHISES (not SBA eligible)

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by a searcher from Washington University in St. Louis
in New York, NY, USA

8mos ago

Shopping around for competitive business loan rates for FRANCHISES (not SBA eligible)

One of my portfolio companies is a franchise in the salon suites space, and we are hoping to open a new location to expand our footprint, with a specific franchise brand. I am looped in with Apple Pie, but their loan rates are at least Prime + 3.00. I'm looking to see if there are more competitive construction/business loan rates on the market. Would love any broker reach outs or leads on this topic, and please note this is NOT an SBA eligible business model.

1 Like

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reply by an intermediary 8mos ago
from University of Nevada in Henderson, NV, USA

have you looked into the SBA loan for real estate instead of for a business. If you need more information message me

reply by a lender 8mos ago
from State University of New York College of Technology at Farmingdale in Melville, NY, USA

I'm a broker! I'd love to help out in any way I can if you are still looking.