Franchise Update Magazine Issue I, 2014 | Page 11

$100 Million Franchise Fund to Fuel Franchise Growth As the trusted leader in franchise funding, Benetrends is proud to announce the creation of a new proprietary $100 million franchise financing program. The new fund will provide a block of money to selected franchisors enabling them to offer their franchisees direct access to capital greatly simplifying the financing process. Contact Benetrends to learn more. Your Multi-Unit Funding Expert Benetrends is the industry’s Multi-Unit funding expert. After our comprehensive underwriting process, our experienced staff has a 93% loan approval rate. Here are a few of our recent multi-unit SBA loan successes. Menchies: 3 pack in CA – 1st location = $350k 3 pack in SC – 1st location = $275k Elements: 3 pack in PA – 1st location = $275k 3 pack in MA – 1st location = $250k 4 pack in OH – 1st location = $335k 18-8 Men’s Salon: 6 units in GA – 1st location = $544k single location in GA - $329k Hand & Stone: 3 pack in CA – 1st location = $350k 3 pack in IL – 1st  location = $266k single location – NJ - $250k SuperCuts: 3 pack in TX – established LOC for all 3 – drew $150k for 1st location SportClips: Acquisition of 3 locations = $700k (2 open stores and a third territory or a startup location) Title Boxing Club: 3 pack in PA – 1st location = $177k 3 pack in GA – all opening = $581k 3 pack in NC – 1st location = $147k Salons by JC: 3 pack in CA – 1st location = $1.0MM 3 pack in IL – 1st location = $785k 3 pack in GA – 1st location = $737k 3 pack in AZ – 1st location = $655k Let’s get started. Call 866.423.6387 www.benetrends.com