The Ultimate Guide to Financing for Refresh Franchisees

Franchising with Refresh can be a great way to start your own business, but it can also be expensive. The upfront costs of buying a franchise can range from tens of thousands of dollars to hundreds of thousands of dollars, and that’s not including the ongoing costs of running the business.

If you’re considering buying a Refresh franchise, you’ll need to find a way to finance the purchase. There are a number of different financing options available to franchisees, and the best option for you will depend on your individual circumstances.

In this guide, we’ll discuss the different types of franchise financing available, and we’ll provide tips on how to get the best financing terms.

Types of Franchise Financing

There are a number of different types of franchise financing available, including:

Franchisee loans: These loans are specifically designed for franchisees, and they often have more lenient terms than traditional business loans.

SBA loans: The Small Business Administration (SBA) offers a number of loan programs that can be used to finance franchises.

Commercial bank loans: Commercial banks also offer loans to franchisees, but the terms of these loans can vary depending on the bank.

Crowdfunding: Crowdfunding is a way to raise money from a large number of people. This can be a good option for franchisees who don’t have a lot of personal assets to use as collateral.

Friends and family loans: Borrowing money from friends and family can be a good option for franchisees who have a good relationship with their loved ones.

401k Rollovers: If you have a 401k from a previous job, Refresh can help you navigate how to use it to help you finance your franchise purchase.  The steps are pretty simple, and Refresh is here to walk you through it every step of the way!

How to Get the Best Franchise Financing Terms

The best way to get the best franchise financing terms is to shop around and compare different lenders. You should also be prepared to provide lenders with information about your financial history, your business plan, and your personal credit score.

Here are some tips for getting the best franchise financing terms:

  • Get pre-approved for a loan before you start looking at franchises. This will give you an idea of how much money you can borrow and what your interest rate will be.
  • Compare different lenders. Don’t just go with the first lender you talk to. Shop around and compare interest rates, fees, and terms.
  • Be prepared to provide lenders with information about your financial history, your business plan, and your personal credit score. The better your credit score, the better your chances of getting a loan with good terms.
  • Negotiate with lenders. Don’t be afraid to negotiate with lenders to get the best terms possible.


Financing a franchise can be a challenge, but it’s not impossible. By shopping around and comparing different lenders, you can find the best financing terms for your needs. With a little bit of effort, you can finance your franchise and start your own business.

Additional Resources

  • The Small Business Administration (SBA) website: has a wealth of information on franchise financing, including loan programs, resources, and tips.
  • The International Franchise Association (IFA) website: also has a number of resources on franchise financing, including a guide to franchise financing and a list of lenders that offer franchise loans.
  • The Franchise Times website: has a section on franchise financing that includes articles, news, and resources.


I hope this guide has been helpful. If you have any questions, please feel free to ask.


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