Is your franchise ‘finance ready’? In the first week of December active franchise lenders will receive updated lists of Australian franchise brands recognised by FRANdata as Finance Ready.
These franchises have been assessed against a set of criteria developed from measuring and analysing performance over nearly 30 years.
The assessed criteria includes key system information, financial benchmarks, transparency measures and recognition of existing lending relationships.
Franchisees of ‘Finance Ready’ brands are expected to experience an improved lender experience from the effort and investment of their franchisor.
More than 40 franchises have already been named with the list including a diverse mix of food, retail and service based franchise systems. The list also reflects a mix of larger established names, emerging brands and those with a lower capital entry cost.