To facilitate those who may require outside financing opening their franchise, Wine Not International can guide you to an independent business consultant who prepares your business plan for submission to the Small Business Administration (SBA) and /or lender.
The SBA’s Franchise Registry helps small business owners through cooperation between government and industry. The SBA Franchise Registry lists names of franchise companies whose franchisees enjoy the benefits of a streamlined review process for SBA loan applications. Listing on this registry means that the franchise agreement does not impose unacceptable control provisions on a franchisee (which could result in affiliation with a franchisor). Loan applications for registered franchisors can be reviewed and processed quickly and efficiently. Small business owners get better service and quicker loans. Wine Not International is approved SBA franchising companies and is listed on the registry.
Financial Institutions are often more willing to lend to an individual who is backed by a reputable franchisor with a strong track record than to an independent business person starting out for the first time wholly on their own.
In the eyes of a lender, the performance of a proven franchise operation is usually more predictable and, on statistical evidence, involves less risk than that of an independently owned business.
We know every franchisee has different financing needs and each application is customized to reflect individual requirements.