Many franchisees use SBA loans to meet their financing needs. That is why so many of them turn to Miel Financial Inc.
We provide franchisees with loans to meet a variety of franchise financing needs:
- Start-up in a new location
- Acquisition of an existing location
- Refinance
- Re-branding
Our loan terms are structured to accommodate a wide range of franchise concepts:
- Loans from $250,000 to $5 million
- Up to 85% financing
- Terms up to 25 years with real estate or 10 years without
- No minimum collateral requirements on loans up to $500,000
- No management experience required on most concepts
- Customized credit and closing criteria can be crafted for select concepts
We have reviewed and assigned lending criteria to hundreds of franchises, so we have the expertise to get your franchise operation open and generating sales quickly and efficiently.