2019-09-01 Entrepreneur Magazine

(Darren Dugan) #1
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Suppliers


84 / ENTREPRENEUR.COM / September 2019


1
FranFund
Funding solutions including
401(k) business financing,
SBA loans, unsecured
business loans, and
equipment leasing

2
Guidant
Financial
401(k) business financing,
SBA loans, unsecured
business loans, business
valuations and appraisals,
and other business services

3
Benetrends
Financial
401(k) rollover funding,
SBA loans, and
equipment leasing

4
Bank of
America
Small-business banking,
credit, digital investing tools

5
ApplePie
Capital
Franchise financing

6
U.S. Bank
Business banking,
conventional and SBA
financing, credit card and
payment solutions, wealth
management services

7
Chase for
Business
Deposit accounts,
loans, credit cards, cash
management, and
payment processing

8
BMO Financial
Group
Banking solutions for
franchisees, including
financing for acquisitions,
development, and
remodeling

9
Live Oak Bank
Small-business banking

10
First Financial
SBA financing for
franchise startups, working
capital, construction,
and acquisitions;
equipment leasing

11
BB&T
Retail, commercial, and
corporate banking,
investments, insurance, and
wealth management

NEW FRANCHISEES OFTEN need thousands or even millions of dollars to get their businesses up and running, so a reliable
financing source is indispensable. Banks remain a popular choice, but in this year’s ranking, a funding company specializing
in serving franchisees climbed to the top.

“It has been a great experience working with FranFund over the past 12 years. They
always provide great service to our candidates, making the lending process pain-
less. I’m glad to have FranFund to help make my candidates’ entrepreneurial dreams
come true.” —LISA MONTANIO, senior franchise development manager, CMIT Solutions

FranFund


BANKING/FINANCING


12
KeyBank
SBA and conventional
financing, merchant and
treasury solutions, deposits

Service descriptions come from respective suppliers.
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