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OvenGleamers INVESTMENT: £16,995+VAT The oven cleaning franchise partners with Business Masters to enable franchisees access to loan funding via the Government-back Start Up Loans scheme. Many of the brand’s franchisees use this to fund the initial fee and some working capital, and they able to borrow up to £25,000 over five years. Lawnscience INVESTMENT: £21,846 +VAT The franchise has three funding plans which include in-company funding for 50% of the start up costs. A bank loan typically covering 60% of the start-up costs is available by the brand’s partnership with NatWest. While a government loan can similarly be applied for via the British Business Bank. Blam Partners INVESTMENT: £20,000+ The digital marketing agency franchise offers a reduced upfront investment of £5,000+VAT, an extended payment period of up to 12 months, and a pause on payments until you’ve made five sales. If you don’t meet this target within six months, the business provides a money-back guarantee. LFC Fun Languages INVESTMENT: £1,800 The language tutoring franchise divides its franchise fee into five payments. These include: £300 upon signing the agreement, £200 when you’re ready to receive training, and £200 upon club commencement. You’ll also need to pay £114 insurance and £180 deposit for resources which is refundable. BabyBeats Global INVESTMENT: £6,995 The children’s yoga and sensory franchise has a payment plan to provide franchisees the breathing space they need to launch their business and sort out their finances. This means you can split the franchise fee into equal monthly instalments paid over a period agreed with the franchisor. Rooster Shack INVESTMENT: £160,000 The chicken franchise has an established partnership with Lloyds which can fund a some of the franchise fee. Meanwhile, the brand’s asset finance partnership means you can finance kitchen equipment which is critical to get your quick service restaurant up, running, and making revenue. Certax Accounting INVESTMENT: £16,750 The franchise has agreements with a number of national banks. These partnerships aim to help franchisees secure loans which typically cover a percentage of their franchise fees, as well as provide access to financial guidance to ensure their business costings are well planned. TheWheel Specialist INVESTMENT: £180,000 The next four people to sign up to the brand’s recently revised franchise model will receive a discounted franchise fee of £10,000. It has also introduced in-house loan wheels to reduce initial capital outlay. You can also finance equipment through its asset finance partnership. 56% OF FRANCHISEES HAVE BUSINESSES IN SERVICE SECTORS 29% FRANCHISEES NOW HAVE MULTIPLE UNITS OPERATED In 2023, the UK gov allocated £3.8 billion , to loans and grants to support small businesses PAYMENT PLANS Franchises that offer payment plans usually require the franchisee to pay a deposit before paying the rest of the fee in installments over an agreed period of time. This is something you would need to talk to your franchisor about upon applying. FINANCE BROKERS There are a range of independent finance brokers who specialise in franchising and work with a panel of lenders. These include D&T, Hitachi, and Capital Franchise Finance. 23 WHAT-FRANCHISE.COM 50 Funding Pl ans | PARTNER CONTENT
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