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Franchisee: How can I get a loan to purchase a franchise? Without colleterol security
I am interested in purchasing a franchise, but I don't have collateral to put up for a loan. Do you have any advice on how I can secure financing without it?
Yes, there are some options available for franchise financing even if you don't have collateral security. You can look into getting a loan through the Small Business Administration (SBA), which offers loans specifically for franchisees. Another option is to seek out alternative lenders who specialize in franchise financing.