https://ngifinance.co.uk/wp-content/uploads/2020/11/government-extends-support.jpg
750
400
Lorna Slee
Lorna Slee
https://secure.gravatar.com/avatar/1e9800c1edd7257693f93507a3bc61f5dd38d54e1cff2cfe8a1fa3fdcf379b20?s=96&d=mm&r=g
Franchise Finance
At NGI Finance, we provide flexible finance solutions to help franchises invest in the assets they need to grow. Whether it’s IT equipment, software or other business essentials, our hire purchase and finance lease options make investing simple and affordable. No matter the size of your franchise, we aim to make the financing process straightforward, so you can focus on running and expanding your business.
Funding options for franchising
The SME sector is arguably the most important of all. It is rich in opportunities for both growing businesses and entrepreneurs. Those who want to become their own boss have never been in a more advantageous situation with a plethora of opportunities available to them.
Probably the one area which yields the best opportunities is purchasing a franchise. A franchise gives an entrepreneur the opportunity to run their own business whilst also having the backing and infrastructure of a large corporation to support them.
The need for finance
The one key area where additional support is required will be the money required to purchase the franchise. A substantial investment will need to be sourced. Fortunately, the NGI team have a proven method for supporting new businesses during the start-up phase of their franchise. We can provide advice and guidance and then make sure that you get the right funding for your specific franchising needs.
How to begin
There are 3 simple steps to undertake:
Finalise your plan – it will be important to have a business plan and this document can be used by a potential lender to fully understand the current financial situation and predictions for future growth.
Be clear on your costs – you need to make sure you apply for the right amount of finance, yes there is the cost of purchasing the franchise, but you also need to account for working capital and personal/business expenses.
Always be realistic – just because you are told you will make ‘xx’ amount of money in the first year, it does not mean you actually will. Take a realistic approach to your finance needs and make sure it covers all eventualities.
The next steps
All you need to do next is to give us a call on 01993 70640 or e-mail enquiries@ngifinance.co.uk.
The NGI Finance way
We specialise in providing tailored franchise finance solutions designed to help your business grow. From the initial consultation to final approval, we guide you through every step of the process, ensuring a smooth experience and the best possible outcome for your franchise.
Interested in more of our business loan solutions?
Explore some of our other options:
Explore some of our business loan blogs
https://ngifinance.co.uk/wp-content/uploads/2020/09/dont-miss-out-on-cbils.jpg
750
400
Lorna Slee
Lorna Slee
https://secure.gravatar.com/avatar/1e9800c1edd7257693f93507a3bc61f5dd38d54e1cff2cfe8a1fa3fdcf379b20?s=96&d=mm&r=g
https://ngifinance.co.uk/wp-content/uploads/2019/04/Franchising.jpg
2126
1134
Lorna Slee
Lorna Slee
https://secure.gravatar.com/avatar/1e9800c1edd7257693f93507a3bc61f5dd38d54e1cff2cfe8a1fa3fdcf379b20?s=96&d=mm&r=g
Car stocking finance FAQ’s
https://ngifinance.co.uk/wp-content/uploads/2024/05/car-stocking-finance-FAQs.jpg
750
400
Lorna Slee
Lorna Slee
https://secure.gravatar.com/avatar/1e9800c1edd7257693f93507a3bc61f5dd38d54e1cff2cfe8a1fa3fdcf379b20?s=96&d=mm&r=g
Car stocking finance FAQ’s
In our final article this month for car stocking finance we provide answers to all…
The importance of working capital
https://ngifinance.co.uk/wp-content/uploads/2022/04/working-capital.jpg
750
400
Lorna Slee
Lorna Slee
https://secure.gravatar.com/avatar/1e9800c1edd7257693f93507a3bc61f5dd38d54e1cff2cfe8a1fa3fdcf379b20?s=96&d=mm&r=g
The importance of working capital
To ensure ongoing business continuity and growth, the correct management of working capital is critical.…
Boost your bank balance with a cash safety net
https://ngifinance.co.uk/wp-content/uploads/2021/01/cash-safety-net.jpg
750
400
Lorna Slee
Lorna Slee
https://secure.gravatar.com/avatar/1e9800c1edd7257693f93507a3bc61f5dd38d54e1cff2cfe8a1fa3fdcf379b20?s=96&d=mm&r=g
Boost your bank balance with a cash safety net
A new year always brings with it a fresh approach, new goals and a desire…
Business expansion
https://ngifinance.co.uk/wp-content/uploads/2022/03/bsuiness-expansion.jpg
750
400
Lorna Slee
Lorna Slee
https://secure.gravatar.com/avatar/1e9800c1edd7257693f93507a3bc61f5dd38d54e1cff2cfe8a1fa3fdcf379b20?s=96&d=mm&r=g
Business expansion
Business expansion can be an incredibly exciting time in the lifecycle of a company. It…
How can you access the best funding options for your business?
https://ngifinance.co.uk/wp-content/uploads/2023/04/best-funding-options.jpg
750
400
Lorna Slee
Lorna Slee
https://secure.gravatar.com/avatar/1e9800c1edd7257693f93507a3bc61f5dd38d54e1cff2cfe8a1fa3fdcf379b20?s=96&d=mm&r=g
How can you access the best funding options for your business?
When a business decides that they need some additional funding the biggest headache they can…
The importance of completing a business financial review
https://ngifinance.co.uk/wp-content/uploads/2024/11/The-importance-of-completing-a-business-financial-review.jpg
750
400
Lorna Slee
Lorna Slee
https://secure.gravatar.com/avatar/1e9800c1edd7257693f93507a3bc61f5dd38d54e1cff2cfe8a1fa3fdcf379b20?s=96&d=mm&r=g
The importance of completing a business financial review
Completing a business financial review will involve an in-depth examination of a company’s financial standing,…
Use of CBILS Funds
https://ngifinance.co.uk/wp-content/uploads/2020/08/what-can-I-use-cbils-for.jpg
750
400
Lorna Slee
Lorna Slee
https://secure.gravatar.com/avatar/1e9800c1edd7257693f93507a3bc61f5dd38d54e1cff2cfe8a1fa3fdcf379b20?s=96&d=mm&r=g
Use of CBILS Funds
In this latest animated video we answer the common question "what can I use the…
