In this episode, guest host sponsor Travis Tinning from Franchise GrowthLab dives into the details that prospective franchisees should consider before starting their franchise journey: borrowing money from banks.
Banking experts Paul daSilva, National VP, franchise markets at RBC; Joseph Pisani, Manager Director, industry sectors at BMO; and Jeff Thomas, Manager, program lending at Meridian Credit Union share their best tips and tricks to help new business owners start their venture on the right financial footing.
You can expect these key takeaways from this episode:
- What prospective franchisees need to know about franchise financing and available programs
- What emerging franchisors should consider before approaching financial support for their system
- How to navigate the multifaceted landscape of financing (i.e. loans, equity, capital, etc.)