ü     New Franchisees

ü     Existing Franchisees purchasing another location

ü     Existing Franchisees looking to upgrade or renovate

ü     Corporate-owned locations looking to sell

ü     Existing Franchisees looking to sell

ü     Existing Franchisees adding equipment or re-imaging

Program Outline:

·                    Transactions may include loans for 100% coverage of furniture, fixtures, equipment and leasehold improvements up to $150,000

·                    Acceptable personal credit score

·                    2 years complete personal tax returns with all schedules and notes

·                    Personal Financial Statement

·                    Statements proving cash and/or equivalents listed on Personal Financial Statement

·                    Business checking account

·                    Resumes on all principals

·                    Proof of ownership: Business license for sole proprietorships; articles of incorporation for corporations; partnership agreements for partnerships, articles of organization for limited liability corporations. These items are acceptable only for start-up businesses

·                    ACH for loan payments

·                    On-site inspections required on transactions $50k and greater

·                    Disclaimer of ownership from the lessee/borrower for new franchisees

·                    Maximum term of 84 months for loans

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Program Outline:

·                    Copy of asset purchase agreement for an acquisition

·                    2 years complete business tax returns with all schedules and notes from the buyer

·                    Interim business statements if older than 180 days since returns were filed

·                    2 years personal tax returns with all schedules and notes from the buyer

·                    Personal Financial Statement from the buyer

·                    Statements proving cash and/or equivalents listed on Personal Financial Statement

·                    Royalty report authorized by seller from Ben and Jerry’s on the selling scoop shop

·                    A complete Financial Package from the selling scoop shop

·                    ACH for loan payments

·                    On-site inspections required on transactions $50k and greater

·                    Disclaimer of ownership from the lessee/borrower for new franchisees

·                    Maximum term of 84 months for loans

Click Here to Apply Now

Existing Franchisees
( Upgrades/Add-ons/Re-imaging)

 Standard Credit Criteria:

$10,000-$75,000**

·        Application Only

·        Verifiable 2+ years time in business under same ownership

·        Low four figure business bank balance

·        Clean personal and business credit

 Maximum up to $1,000,000

** Over $75,000 requires full financial disclosure

Click Here to Apply Now