Popular Small Business Capital
Contact a Specialist

Would you like a Business Development Officer to contact you?

By
Phone:

 

By
Email:


   
Home > Our Products > Franchise Financing
FRANCHISE FINANCING
  • 70% - 90% financing available depending on concept
  • Start up / Expansion / refit loans available
  • Must be an approved franchise concept
  • Must project cash flow coverage 1.2X or more
  • Proceeds for franchise fee, leaseholds, equipment, and working capital can be included in the project cost
  • No Loan to Value (LTV) requirements
What does Popular Small Business Capital need?

From the borrower
  • Completed loan application
  • Copies of franchise agreement and UFOC
  • Last 3 years tax returns and interims on company and all affiliates
  • Last 3 years tax returns of all owners with 20% or more ownership
  • Last 3 years tax returns for all businesses being acquired
  • Personal financial statements and resumes from all owners with 20% or more ownership in the business
  • 1 year projections with assumptions
  • Cost estimates on leaseholds and equipment, if it is a start-up
  • Copy of lease
Franchise Financing Partnerships

Loan application
Contact Us

 

 

 
 
A Division of Banco Popular North America.
Copyright© 2007 Banco Popular North America. Privacy Policy

HOME | PRODUCTS | LOAN PROGRAMS | CALCULATORS & TOOLS | BUSINESS PLANNING TOOLS | SUCCESS STORIES | TESTIMONIALS | TOMBSTONES | FOR CURRENT CUSTOMERS | ABOUT US | PRESS RELEASES | FAQ | CAREERS | CONTACT US