Entrepreneur - 09.2019

PHOTOGRAPH COURTESY OF FRANFUND

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.