Listen "FranFund has a 99% Funding Rate on Pre-approved Clients"
Episode Synopsis
Welcome to FranPro Resource Podcast. If you would like to access our most recent content and to receive updates, you can register here: https://franpro.com/Contact us here [email protected] if you:Want help finding a franchise Would like to be featured on our programWould like help producing or want a podcast produced for youAre a franchise company and want access to our free ROI Tracker dashboardIn this episode, Lance Hood of FranPro interviews Sherri Seiber, president of FranFund. Sherri Seiber is an incredible resource for any franchise organization. If you would like to work with Sherri you can reach her here: https://Franpro.vip/GoFranFundFranFund offers multiple funding solutions with a 99% success rate for pre-approved clients, and shops loan packages to get the best rates and terms, while SBA loans take 45-60 days on average.Covered in this call:FranFund originated multiple funding solutions under one roofThe approval rate for small business loans from banks is only 38%99% successful getting funding for pre-approved clientsThey shop your loan package to get the best rates & termsSBA loans take 45-60 days on average and ROB’s is even quickerReady for a deep dive into the world of business funding solutions? Buckle up as we chat with Sherry Sieber, the trailblazing president of Fan Fun, a company revolutionizing the funding landscape for aspiring entrepreneurs. Explore a smorgasbord of services from SBA loans, Rollover for Business Startups (ROBS), unsecured term loans to home equity loans, and fleet funding. Sherry shares a wealth of insights on the ROBS program and the potential benefits of investing in your own company's stock.As we navigate the maze of financial qualifications required to start a business and the process of securing a loan, Sherry provides practical advice and guidance. Uncover the significance of understanding your burn rate, credit score, and post-closing liquidity. With her years of expertise, Sherry offers invaluable tips on preparing for the loan process, emphasizing the need for being over-capitalized for long-term success. If you're considering starting your own business and are looking for financial insights, this episode is a must-listen!Contact us at [email protected] if you: Want help finding the right franchise for you Would like to be featured on our program Would like help to produce or want a podcast produced for you Are a franchise company and want Free access to our ROI Tracker dashboard *Some of the companies we interview compensate us a commission if you purchase something.
More episodes of the podcast FranPro
How to Maximize Franchise Broker Networks
13/02/2024
Are You Struggling to Add New Franchisees?
30/01/2024
The Trap that Leads to Franchisor Failure
12/12/2023
How Top Brands & Brokers Close more Deals
14/11/2023
How to Work with Franchise Broker Networks
08/11/2023