A Praetorian Financial Services specializes in securing financing for new and existing franchisees to:
Develop new units
Acquire additional units
Remodel existing units
Refinance existing debt
Financing assistance provided to you:
- Pre-screen the deal – determine your qualifications, analyze financial statements and determine or estimate cash flow.
- Establish a range of financing
- Obtain lender term sheet (expression of lender interest)
- Coordinate the gathering of all financial data, legal documents and assist in completing the loan application
- Assist in the creation of a business plan
- Assist in the creation of a pro forma analysis
- Obtain loan commitment letter
- Assist in gathering all post-commitment information needed for the lender to close the loan, i.e. - Purchase
- Agreements, Lease Agreements, Franchise Agreements, Landlord Waivers, etc.
- Close the loan
Please call Elissa Nevola at 888 358 3325 ext. 225 or email at elissan@praetoriangroup.net
Praetorian Financial Services
Franchise Finance Programs
SBA Programs
Loan Amounts
- 70 – 80% of total project costs which include:
- Franchise Fees
- Fee Simple Real Estate
- Furniture, Fixtures & Equipment
- Leasehold Improvements & Signage
- Working Capital & Inventory
- Soft Costs (some restrictions apply)
- Progress payments can be structured for build out of new locations
Loan Terms & Rates
- 7 - 10 year terms for deals with equipment and leaseholds only
- 20 - 25 year terms on the fee simple real estate portion of the transaction
- Variable interest rates – Prime + 2.00% - 2.75%
Collateral
- UCC Filing on all equipment financed
- Personal guarantees from all principals and spouses with 20% or more ownership
- Additional collateral required, if available
Portfolio Programs
Loan Amounts
- 75%-90% of "Hard Costs"
- Fee Simple Real Estate
- Furniture, Fixtures & Equipment
- Leasehold Improvements & Signage
Loan Terms & Rates
- 5 - 10 year terms for deals with equipment and leaseholds only
- 15 - 20 year terms on the fee simple real estate portion of the transaction
- Fixed and variable interest rates
Collateral
- UCC Filing on all equipment financed
- Personal guarantees from all principals and spouses
- Additional collateral not required
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