Franchise Finance

Owning a franchise offers the chance to be your own boss while leveraging the strength of an established brand. However, like any business, it requires careful financial planning. Beyond operational costs, there are expenses like inventory, royalties, and initial investments. A franchise finance loan provides the financial support needed to help you launch and grow your business, making your dream of becoming a franchise owner achievable.

Franchise financing is a type of funding that helps individuals open or expand a franchise business. It provides the necessary capital to cover initial costs such as franchise fees, inventory, equipment, and working capital. This financing can come from various sources, including banks, private lenders, or even franchisors themselves.

Having the right financing is crucial because, without it, starting or growing a franchise can be challenging. While the potential for success is high, the upfront investment can be significant. Franchise financing allows you to manage these costs and gives you the financial support needed to establish a solid foundation for your business. Whether you're opening your first location or expanding, proper financing ensures you're prepared for the costs ahead and can focus on growing your franchise with confidence.

Here are the key features and benefits of securing a franchise loan through lenders on Bajaj Markets, designed to streamline business operations and foster growth:

High-value Funding

Franchise loans offer high-value funding of up to ₹80 Lakhs, enabling businesses to cover significant costs and seize growth opportunities.

Competitive Interest Rates

With interest rates starting from 14% p.a., franchise loans provide affordable repayment options, reducing the financial burden on businesses.

Flexible Tenure

Franchise loans come with a flexible tenure of up to 96 months, allowing businesses to manage repayments comfortably and align them with their cash flow and growth plans.

Active Supply Chain

Franchise loans help businesses avoid disruptions and scale their supply chain quickly to meet rising demand.

Better Inventory Management

With adequate funding, businesses can maintain inventory levels in line with market demand, ensuring smooth operations and customer satisfaction.

Stronger Business-customer Relationships

Seamless transactions enabled by franchise loans ensure faster payments, reducing friction and improving relationships with customers.

Here are the key eligibility criteria for a franchise business loan to ensure a smooth application process:

• You must be an Indian citizen

• Your business should have been operational for at least 6 months

• A minimum CIBIL score of 650 is required

• You should be self-employed, a professional, or a non-professional

• The applicant must be above 21 years of age

• Your business should be registered as a partnership, limited liability partnership (LLP), or private limited company

• The minimum annual turnover of your business should be ₹2 Lakhs

Note: Please be aware that eligibility criteria can vary between lenders, so it's important to review the specific terms before applying to increase your likelihood of approval.

Applying for a franchise loan is a quick, straightforward, and completely digital process. Follow these simple steps to get started:

1. Click on the ‘Apply for Loan’ button on this page

2. Fill in your personal, business, and franchise-related details in the application form

3. Choose your preferred lender from the available options

4. Specify the loan amount you wish to borrow and select a repayment tenure that works for you

5. Double-check your details and submit the application online

6. Once approved, the lender will disburse the loan amount directly into your bank account

Here’s how pre- and post-business loan approval can impact your CIBIL score:

• Pre-approval checks involve a soft inquiry, which does not affect your CIBIL score

• Applying for a business loan triggers a hard inquiry, which can cause a slight dip in your CIBIL score

• Timely repayment of your loan can significantly improve your credit score over time

• Missing or delayed payments can lower your CIBIL score, making future credit applications difficult

• Your overall credit utilisation ratio plays a role in your CIBIL score; high utilisation can negatively impact it

• A higher CIBIL score increases the likelihood of securing favourable loan terms in the future

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.