With an Oporto franchise loan
, you can get a piece of the action while being your own boss in the competitive fast-food industry with your own Portuguese chicken and burger store while taking advantage of the benefits of a franchise system that’s over 20 years old.
If you have the capital and a strong financial situation, we can help you secure finance, you may be able to borrow up to 50% to 60% of the total business costs to buy a new store or an existing one. If you can provide a residential property as security then this essentially goes up to 100% and you won't even need a deposit!
The typical loan term is 10 years as per the franchise agreement but with a property as security, it will be a standard 25 to 30 year loan term.
If you're going interest only, know that lenders will generally provide an interest only term of around 2 years or more depending if you’re using property as security. Low doc options not available.
We can help negotiate strong commercial loan interest rates
and you’ll need to provide a business plan and profit forecasting along with your application.
Cash flow is crucial in business and this is a great way to keep more cash in your pocket for start-up capital. Having capital to contribute to at least the first 6 months of operations is a typical requirement while having a clear credit history
reflects your character as a borrower, which is important in painting a good picture with the bank.
You can go through our website for more info such as an estimate of how much an Oporto franchise can cost you. We can also be reached on 1300 889 743
or you can fill in our free assessment form
to see if you qualify for a loan or not.