If you open a franchise, do you have to use your own money or can you get a loan for start up costs?

Answer 1

Each franchise operation has its own rules. Some allow full financing, some allow none, some have a minimum amount that has to be your cash.

If you can meet the cash they require, don't worry too much about the financing. If the loan is too hard to get, it may be because the bank doesn't see the money, and if they don't see it, you might want to look a little more at the deal.

Answer 2

You should be able get a SBA loan