Financing for 7-Eleven Franchise Stores
7-Eleven - Funding Success Story!
The 7-11 Franchise system is typically considered ineligible for SBA loans because the franchisees are in business with 7-Eleven and share in the store’s gross profits. 7-Eleven owns the real estate and business assets, so the SBA doesn’t consider 7-Eleven to be a true franchise system, where owners operate somewhat independently of the franchise. Because 7-Eleven franchisees cannot apply for SBA or other bank loans that require collateral and liens, 7-Eleven created a treasury system that may lend current and prospective franchisees up to 65% of the franchise cost, based on credit, income, debt, and the financials of the store they are purchasing.
Many franchisees need funding beyond the 65% funding that 7-11 offers; some franchisees and some stores don’t qualify for the 7-Eleven Treasury funding. Although the 7-Eleven franchise is not a typical franchise system, I am a firm supporter of how the system works. Franchisees are in business with 7-Eleven and share in the store’s gross profits. The 7-Eleven franchise system provides a turnkey operation. 7-Eleven is a global brand with more stores than any other retailer in the world! 7-Eleven has been in business for almost 100 years and has been franchising since 1964 - that’s a lot of franchise experience!
Flourish Commercial Capital reached out to the 7-Eleven sales team after meeting some 7-Eleven representatives at a franchise show. Flourish Commercial Capital was able to introduce the Unsecured Bank Loan program to current and prospective 7-Eleven franchisees and sales representatives. Since 2014, Flourish Commercial Capital has assisted over 125 7-Eleven franchisees with obtaining the funds needed to purchase their stores. We have helped franchisees obtain the opening day fee, as well as secure the total funding for their franchise fee of up to $400,000, using the Unsecured Bank Loan program.
Contact Flourish Commercial Capital for your franchise funding needs!!!
Flourish Commercial Capital - www.flourishcommercialcapital.com - 855-214-6838
