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This week on the How to Buy a Franchise Show, Dr. Hayes interviews finance specialist Paul Bosley of Business Finance Depot. Because Bosley is the preferred lender for United Franchise Group, the “hot” retail franchise, Experimac, is used as an example of how the financing process works. It costs approximately $300,000 to open an Experimac, but you can finance the majority of that cost with the help of Business Finance. You’ll need to have at least $50,000 to $100,000 to qualify for financing, plus a good credit score, some liquid assets, and experience in managing or owning a small business. If you meet those qualifications, this interview will interest you regardless of which franchise brand you want to buy!
This week on the How to Buy a Franchise Show, Dr. Hayes interviews finance specialist Paul Bosley of Business Finance Depot. Because Bosley is the preferred lender for United Franchise Group, the “hot” retail franchise, Experimac, is used as an example of how the financing process works. It costs approximately $300,000 to open an Experimac, but you can finance the majority of that cost with the help of Business Finance. You’ll need to have at least $50,000 to $100,000 to qualify for financing, plus a good credit score, some liquid assets, and experience in managing or owning a small business. If you meet those qualifications, this interview will interest you regardless of which franchise brand you want to buy!