|
15 Research Drive
Suite #4
Woodbridge, CT 06525
Phone: (888) 358-3325
Fax: (203) 389 6326
|
Praetorian Financial Services specializes in securing financing
and /or equity for Franchisor’s, their Franchisees and Independent
operating companies 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 Brenda Dekany at 888 358 3325 ext. 225 or email
at brendad@praetoriangroup.net
The Franchise Transaction Specialists
Praetorian Financial Services
Franchise Finance Programs
SBA Programs
Loan
Amounts
- 70 – 80% of
total project costs which include:
o Franchise Fees
o Fee Simple Real Estate
o Furniture, Fixtures & Equipment
o Leasehold Improvements & Signage
o Working Capital & Inventory
o Soft Costs (some restrictions apply)
o 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
-
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
|
|
