Franchise Finance

Your dream of setting up a franchise business may have been sidelined until now due to various reasons. However, it is now time to turn your ambitions into reality. A franchise grants you the opportunity to run a micro-business under the umbrella of an established brand. Starting a franchise is also an excellent way to penetrate new market segments and enjoy increased revenue. However, every business venture requires a proportionate amount of capital. The expenditure involved in taking off a franchise business includes more than just working capital. There is also the need for financing to cover inventory and royalties. This is where a Franchise Finance Loan can help you wade through the financial hurdles and get to the top as a franchise owner.

A franchise business is a contractual agreement shared between a renowned brand and a franchisee.

• It is a co-partnership wherein both engaged parties avail mutual benefits.

• It enables an entrepreneur to start a new business without having to build a brand from scratch.

• The franchise agreement is signed for a predetermined period.

Every financial company evaluates your profile carefully before granting you credit, including a Franchise Finance Loan. Some of the key parameters include:

• Your business background and viability

• The period you held your previous business or job

• Your overall financial stability

Let’s take a look at a few of the positive effects that it has had on the supply chain:

• Keeps the Supply Chain Active 

Businesses can ensure that there are no disruptions in their supply chain due to lack of funds. They can also quickly scale up their supply chain to meet a sudden spike in demand. 

• Helps Manage the Inventory Better 

Having adequate inventory is an important facet for businesses and they can get the funds needed to shore up their inventories in accordance with the market demand without any hassle.

• Enhances the Relationship Between the Business and Its Customers

The customers might tend to delay payments until the due date, while businesses want to quickly get their invoices paid, leading to a friction between the two. Channel finance helps to reduce this friction through seamless transactions, ensuring a healthy relationship between both.

• Instant Access to Funds 

The ability to get instant access to cash streamlines the supply chain of a business by increasing liquidity. Also, thanks to low channel financing interest rates, the burden of debt is also very low. 

Availing of a franchise loan through Bajaj Markets is extremely convenient. All you have to do is follow the listed simple steps:

• Visit the Bajaj Markets business loan webpage.

• Check the business loan eligibility criteria.

• Fill up the online application form with your details, such as your name, age, income, and more. You must also furnish details about the loan amount required, loan tenure, and current city.

• Submit your application with all the relevant documents to complete the process.

• Once the loan application is verified and approved, you will receive the funds in your bank account typically within 24 hours.

You will have to present some documents to support your Franchise loans application. The essential documents include:

• Detailed business plan or blueprint

• Passport-sized photograph

• Identity proof

• Address proof

• Income proofs

• Latest bank statements (preferably last six months)

• ITR and sales tax copies

Here’s why:

• A simple application process with quick disbursal

• Flexible loan terms

• Affordable interest rate

• High-value loan amount

A good business loan works exceptionally well in establishing your entrepreneurial endeavours. It helps you build a strong standing within the market and realise your dreams faster. Check your prospects of getting a franchise business loan at Bajaj Markets to obtain the best deals.

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.