Franchises4Vets - Sources of Financing

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Franchise of the Week

Franchise Spotlight

SERVICEMASTER CLEAN is a division of The ServiceMaster Company. With over 60 years of franchising experience and over 4,000 franchises, SERVICEMASTER CLEAN continues to grow each year and offers franchise opportunities in three distinct categories: 1) Commercial Cleaning services 2) Floor Care services & 3) Disaster Restoration services.

With over 165 Franchise Partners and over 1,000 locations in North America, The Maids is an ideal fit for franchisees looking for a stable and well-established franchise business. The Maids has over 30 years of franchise experience and provides extensive training for all franchisees.

FURNITURE MEDIC is a division of The ServiceMaster Company. It is the largest furniture and wood repair and restoration company in the world with over 300 franchises. Furniture Medic has unique products and processes which enable much of the work to be done on-site, reducing costs and saving time for its residential and commercial customers.

Sources of Financing

Most franchises require a substantial initial investment. In addition to the obvious front-end cash requirements, a prospective franchisee should also plan on having adequate cash reserves on hand during the first several months of operation before the business begins to generate a profit. While some franchisors are able to offer direct financing, most franchisees will have to find supplemental funding from third-party sources. The following companies specialize in providing funding for prospective franchisees and are especially interested in working with military veterans who have all the other necessary “non-financial” prerequisites to become a franchisee.