Franchise Financing in Salt Lake City, UT
The area in and around Salt Lake City is home to a wide range of franchises. Many entrepreneurs like the franchise business model because it is streamlined, offers many extras that are built into the operating costs, and it is considered one of the most turn-key operations available today. At Kenbry Capital, we provide solutions to entrepreneurs who want to purchase their first franchises, as well as existing franchisees who want to expand their operations or grow their portfolios through acquisitions.
Franchise Loans for Entrepreneurs in Salt Lake City, UT
Franchise loans from Kenbry Capital can be used for a variety of purposes, including:
- Acquisitions
- Equipment
- Working Capital
- Commercial Real Estate
- Build-Outs
- Refinancing
Our franchise loans offer the following benefits to entrepreneurs in Salt Lake City, UT:
- Up to 90% LTV
- Extra cash for Working Capital
- Rates as low as 6%
- Fast closings and commitments
- Available to first-time owners
- Terms up to 25 years
- No prepayment Penalties
The team at Kenbry Capital will work with you to understand your needs and goals so we can deliver a tailored solution to ensure success.
SBA Loans for Franchises in Salt Lake City, UT
Kenbry Capital also offers SBA 7a and 504 loans to franchise business owners in the Salt Lake City area. Our SBA loan programs feature:
- Loan amounts as high as $5 million
- Low interest rates
- Full amortizations
- Fixed and variable rate options
- No penalties for prepayment
- Loan-to-value between 80% and 90%
- Prequalifications within 48 hours
- Terms up to 25 years
- No balloon payments
Unsecured Lines of Credit for Franchises in Salt Lake City, UT
Franchise owners can always use a reliable source of working capital. Kenbry Capital provides unsecured business lines of credit to both new and existing franchise businesses throughout Salt Lake City, UT. Our unsecured business lines of credit include:
- Up to $500,000 for existing businesses in St. Louis
- Up to $50,000 for new businesses in St. Louis
- Introductory rates on credit cards as low as 0%
- Large lines of credit with rates between 1% and 5% over prime
- No collateral necessary with good credit ratings and financials
- Fast pre-qualification process
- Guarantees low rates for all approvals
- No maintenance fees
- Higher credit limits available for growing businesses
Our unsecured lines of credit provide discretionary capital that can be used for a variety of purposes, such as:
- Increasing purchasing power
- Managing unexpected costs
- Acting on time-sensitive or growth opportunities
- Marketing
- Paying down existing financial obligations
- Purchasing inventory and supplies
- Upgrading equipment
- Launching new services and products
- Smoothing uneven revenue periods
- Preparing for seasonal sales rushes
- New investment opportunities
Contact Us Today to Get Started
Whether you are purchasing your first franchise, looking to acquire an additional operation, or simply need extra capital for an existing franchise business, Kenbry Capital is here to help. Contact our offices today to start exploring your options.