Credit Score Requirements to Finance a Franchise
Credit Score Requirements to Finance a Franchise
Are you an entrepreneur or business owner looking to buy or expand a business? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble
Timestamps:
(00:01) The importance of credit requirements for aspiring franchise owners.
(00:22) Credit score requirements for SBA Loans and SBSS scores.
(01:20) Option of using an old 401k for financing through a Rob's rollover plan.
(01:45) Alternative funding options, including using home equity.
(02:25) Using home equity and its potential as an Equity injection for SBA loans.
(03:33) When and how unsecured term loans might be applicable for franchise financing.
(03:53) Credit requirements for buying a franchise
(04:24) Overview of the role of income documentation in obtaining unsecured term loans.
(04:58) Different financing options, including using a line of credit on a home.
(05:32) Promoting an introductory call to discuss financing options and other possibilities.
(06:08) Bringing in an investor partner or receiving gifts for franchise financing.
(07:10) Willingness to discuss and strategize financing options for potential franchise owners.
💥 Thanks for watching 💥
#creditrequirements #SBSSscore #franchisefinancing #SBAloans
About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.
🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.
About the Channel: Want to structure your investments in the right and secure way?
Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.
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