Our Services
There are many options when it comes to securing financing for your new business venture. But if you’re looking for money to finance the purchase of an existing franchise business, there is only one funding specialist that fully understands your purchase and is ready to help you every step of the way. FranchiseBusinessLoan.com (also known as Diamond Financial Services - NJ) is solely dedicated to providing financing for those buying an existing franchise business. It’s the only type of funding assistance we provide. And we’re complete experts.
Of the millions of small business loans applications submitted to banks each year, only a small percentage get approved. That’s where FranchiseBusinessLoan.com comes in. We work with a network of aggressive lenders that are familiar with franchise businesses. Lenders that want to invest in your success! We have a long track record of providing loans where others have failed.
Franchise Buyer’s Services
Prospective franchise buyers can get pre-qualified for a loan, as well as determine the amount of loan available to them, by filling out our loan prequalification form.
We work with SBA and non-SBA lenders that are reactive and aggressive. Even if you were turned down for a loan in the past, FranchiseBusinessLoan.com can get you the financing you deserve.
Our team of finance specialists works closely with key lender underwriters to maximize your chance of approval. Then we relentlessly follow up with the lenders, always striving to quickly secure approval for the loan package you need to achieve your goals.
Listed below are types of loans and features available.
Types of Loans:
- SBA (Small Business Administration)
- 7A or 504
- Conventional
Features:
- Terms up to 10 years for locations with a lease
- Terms up to 25 years for locations with real estate
- Fully amortizing loans (no balloon payment)
- The most competitive interest rates
- No pre-payment penalty on loans up to 10 years
- Working capital always included
- Flexible products with a variety of financing options
- Fast pre-qualification and loan process
Loan Requirements:
- Expansions, up to 100% financing
- Acquisitions up to 90% financing
- Real Estate/Construction up to 80% financing
- Personal Guarantees on most financing
- Above average personal credit score (at least 1 principal)
- No business or personal bankruptcies for last 8 years.
- Must be a U. S. Citizen or green card holder
Franchise Seller’s Services
FBL can help those wishing to sell their existing franchise business by pre-screening business financials for loan potential and helping to pre-qualify potential buyers. Our sister company, FranchiseBuyerDirect.com, can even help you sell (and save) by listing for a low 4%. If you are selling and want more information how FBL can help you, contact us today!
