Loan Pre-qualification form for franchisees.
The personal information which you provide on these forms will be stored securely and confidentially, and will be used solely for the purpose of extracting your background information that helps us assess your loan application.

What funding need (specifically) do you require the loan for?

Which franchise are you buying and why do you chose the franchise?

Describe the franchise business you are operating or buying.

What will make the franchise’s products and services successful and sustained in the market
(i.e. innovative idea, processes/market, products etc).

Describe the franchise.
Who will buy the products and/or services?
What is the size of the market, and how is it growing? Where are the growth opportunities?

Does the franchise have a proven business system?
(Does it operate a business system in which it has been tested at different market locations and proven?)

What is the competition, why is the franchise better?

How will the business make money?
How profitable it on basis of margins?

List the support the franchisor has committed to giving you to ensure the business succeeds.

What qualifications or experience do you have to start or for running this business?

What are the risks you foresee in this business?
(what are the weaknesses and threats to the business?) How will you mitigate these risks?

How much money do you require?

List what the fund is for?
1. A detailed breakdown of the finance requirements.
2. Updated business financial statements, if buying an existing franchise, for how many years?
3. Projected income and expenditure statement.
4. A 12-month cash flow forecast and the basis on which these figures were derived at.
5. The amount of your own cash contribution and source of these funds.