266: Franchise Financing with Ben Johnson
The How of Business - How to start, run, grow and exit a small business. · Henry Lopez, Levante Business Group
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About this episode
Financing a Franchise small business with Ben Johnson, VP of Commercial Lending at First Bank Texas. He explains the potential advantages of securing financing for a first-time franchise business and why a franchise may provide an advantage from the bank's perspective. Ben shares the types of loan programs, including the SBA 7A, and what a bank is looking for to qualify. Henry Lopez is a serial entrepreneur, small business coach, and the host of this episode of The How of Business show – dedicated to helping you start, run and grow your small business. (TheHowOfBusiness.com)