Long-Term Government Financing
Access Up To $50,000 In Long-Term Government Financing
A financial institution owned by the Government of Canada provides long-term financing to small businesses that need help in entering franchise programs. A broad range of Canadian businesses are eligible to access up to $50,000 to help them take advantage of opportunities to grow their business through franchising.
24-Hour Loan Approval
Your business can apply for long-term government franchise financing through a dedicated World Franchise Consultant who will assist you in every way that they can and give you free advice. The application channel provides on-site convenience and the process takes approximately 15 minutes. Initial credit decisions are returned within 24 hours. Approved loans are then closed in person at World Franchise's Toronto office.
Financing for Franchise Buyers
World Franchise can also help your franchisees with their investment in your business. The Franchisee Financial Services Program provides access up to $50,000 through long-term government franchise financing to help them take advantage of opportunities to own a franchise, which will help you attract more potential franchisees. The program offers competitive financial products, services and solutions for your franchisees, and can be tailored to your franchise system.
Unique Options
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• Access up to $50,000
• No money down
• No principal payments for one full year
• Maximum amortization period of 8 years
• Interest rates fixed between 7.5% and 8.9%*
• 100% prepayment privilege without penalty
• Seasonal or semi-annual payments
• Re-borrow any repaid portion of the loan starting at a minimum of $10,000 (conditions apply)
• Low cost loan insurance
• Available to both franchisors and franchise buyers
*based on credit history