Investing in a sign franchise is an exciting opportunity that comes with a lot of…
Whether it is an independent startup or franchise investment, starting a new business is a significant financial commitment. Signarama’s sign franchise experts will help explain your investment options because, at the end of the day, we want you to feel comfortable with your decision. Let’s take a quick look at financing options and how they can alleviate your concerns about taking that next step.
Do I need to consider financing?
One mistake many investors make is assuming their entire sign franchise investment needs to be paid upfront. Spreading out the investment can make the process easier on your wallet. First, we want to understand your situation and what brought you to our sign franchise. We want to get a clear picture of who you are, and what are your goals for your franchise investment. If we determine that financing would be beneficial, great! Now we can help create a strategy that works for you.
Your Financial Options
1. Local Funding: Grants or loans from a local bank might be the perfect way to ease your worries about potential financial burdens. If you don’t know of any banks in your area, Signarama can help you find a suitable local financing option.
2. Financing Pieces of Your Business: Our signage services are top of the line, which means the equipment our owners utilize makes up a significant part of the investment. Signarama can introduce you to Omni Leasing Company, who can help break up the costs to make them more affordable. Rather than purchasing the equipment outright, you’ll be able to lease it for a period of 60 months.
3. The VetFran Program: If you’re a veteran who is interested in a franchising opportunity, have you taken a look at the VetFran program? Signarama has teamed up with The VetFran program because we believe returning veterans have the ideal qualities of a sign franchise owner. If you qualify for this program, you can enjoy anywhere from 10-50 percent off your initial franchise fee. This can be of significant help and put your business in a better position for the long haul.
4. How We Can Help: Our goal is to help franchisees in every way we can. Signarama offers qualified candidates various financing options through our company or outside vendors. We can help point you in the right direction and build the business you dream of owning.
Before you consider financing options, it would be a good idea to understand the full investment. The best resource for the details of our investment is our Franchise Disclosure Document (FDD). The FDD includes information about more than the investment! The FDD is a comprehensive legal document that breaks down the entire franchising experience. Get a copy for yourself by contacting a Signarama sign franchise representative.
Are you interested in owning a sign franchise or learning more about the Signarama brand? We will help you out! Contact Signarama today and we can guide you through our entire franchise process.