FRANCHISE FUNDING

Have you ever wanted to own your own McDonald’s? How about owning a Wendy’s, Popeyes, Dunkin’ Donuts, Beef O Brady’s or Buddy’s Home Furnishings? Any Franchise out there, you can apply for financing to get pre-approved through our Franchise Funding Program. PhoneOps Franchise Program is designed to provide financing for:

Franchise fees All equipment Building or land New Construction if building doesn’t exists. Remodeling if building need updates

and more…

Eclipse Funding LLC Franchise Program is a nationwide program. Regardless if you are a new startup company or already have several different franchises, this program is perfect for everyone.

This program has standard guidelines, view below:

  • Loan Amounts: $100k to $5M
  • Term: Up to 25yrs
  • Rates: As low as 6%
  • FICO: No Min
  • LTV: Up to 90%

Extra Cash Allowed:

Yes, for working capital

  • Must be able to show proof of income
  • Application Fee $295 WAIVED
  • A Tri-Merge Credit Report fee of $57
  • A valid Driver’s License or State ID
  • Must have a Checking Account
  • A Social Security number

Franchise – Checklist

  • 2 recent Years of Business & Personal Tax Returns (all pages)
  • 3 months Recent Bank Statements (all pages)
  • Agreement of Sale (if purchase)
  • Articles of Incorporation, EIN & signed Operating Statement
  • CD Contact Form (See Attached)
  • Driver’s license or State ID. (Must be color for verification purposes)
  • Franchise Agreement
  • Guarantor Form (See Attached)
  • Payoff (if refinance)
  • Personal Financial Statement (See Attached)
  • Profit & Loss Statement (See Attached)
  • Social Security card
  • Track Record & REO Form (See Attached)

Here are the steps moving forward.

  1. Subject Property Address in Subject Line when sending back the documents.
  2. Budget of project, purchase price, or Loan Amount.
  3. After Repair Value if Fix and Flip or Current Value if DSCR / Refinance
  4. Down Payment -Bank Statement or Statement for down payment if applicable.
  5. Check your credit scores here/ send or upload a copy of the report and all scores.
  6. Please send me a copy of your credit report with scores and the attached documents.
  7.  Please see the attached loan application, credit authorization and all documents needed to move forward.

Send all documents on checklist to: info@myfundingmentor.com

© 2024 All Rights Reserved.