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First National Bank Small Business Finance can help franchisees acquire the funding and working capital they need to be successful. Whether you are opening a new franchise location or adding additional locations, we can develop a financing program based on your specific needs and budget to get you started.


For established franchise concepts (5+ years franchising, 20+ locations open) Startup (1st location for franchisee)

  • 85% financing of startup costs including franchise fee, leasehold improvements, furniture, fixtures, equipment, working capital, closing costs and SBA fee.
  • 90% financing for real estate if included in the project.
  • Loan term 10-25 years fully amortizing.


Expansion (2nd or more location for existing franchise)

  • 90% financing of startup costs including franchise fee, leasehold improvements, furniture, fixtures, equipment, working capital, closing costs and SBA fee.
  • 90% financing for real estate if included in the project.
  • Loan term 10-25 years fully amortizing.


Acquisition of existing franchise location

  • 90% financing of acquisition costs including business acquisition, franchise transfer fee, working capital, closing costs and SBA fee.
  • 90% financing of real estate if included in the project.
  • Loan term 10-25 years fully amortizing.


To be eligible for SBA financing, the franchise concept must be approved by SBA and listed on the SBA Franchise Directory. That Directory can be accessed at www.sba.gov/document/support--sba-franchise-directory.

 

See How We’ve Helped Other Businesses

barker lounge fnb success story

The Barker Lounge

The Barker Lounge is not your typical dog daycare franchise - this business takes a socialization approach with the dogs that attend. Owner Caitlin McLean was looking for a way to expand her business, in a hurry. She worked with Brett Atkins, who made it happen with an SBA 7(a) expansion loan.

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