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