Item 10: Financing Available
At this writing, Freakie Fries does not offer direct or indirect financing. Freakie Fries does not guarantee your note, lease or obligation.
In time however, The Freakie Fries Franchise Association will form a credit union for the benefit of all it’s members whereby low interest loans will be available for business and capital improvements.
Furthermore, as it is in the interest of the growth of Freakie Fries to do so, start-up capital to qualified persons, in locations that are deemed desirable by the Association, may be made available.
It’s all up to the Association of co-franchisees. Offering in-house financing is a powerful vehicle for growth and is worth checking into. It may be that hooking up with a lending institution in tandem with our in-house financing may be the right avenue.
Can we reward a good manager who has given Freakie Fries a good term of duty, with a favorably termed for him/her, financing package should this person want to strike out on his own? Would this possibility be regarded favorably by all the employees of all the Freakie Fries restaurants/spas? That’s a pretty strong carrot! Very good for business!