Culver Capital Provides Financing for Franchises

Buying a franchise usually involves significant upfront funds. Often, entrepreneurs must come up with 15 percent to 30 percent of the full cost of ownership in advance. Most franchises involve start-up costs ranging from $20,000 to $200,000. Some individuals try to obtain funding through personal resources first, including credit cards, 401(k) plans, IRAs, refinancing properties, or liquidating assets. While this practice is common, it is not ideal. Entrepreneurs and business owners should try to receive financing through business avenues, such as Culver Capital. This lowers the risk to their personal assets if the business struggles.

Since the 2008 financial crisis, banks have hesitated to loan money to individuals. This is less the case in the business environment. Culver Capital offers a Business Credit Building System, which allows enterprises to prepare to borrow money in a safer fashion.

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To learn more about how Culver Capital can help you finance your next franchising endeavor, call (714)380-3000 or fill out the online application at www.culverbusinessfinance.com/get-started-app.