Franchises and Future Loans

Member resources:

Frequent asked questions:

What is Searchfunder.com?

Searchfunder.com is an online community of searchers, investors, lenders, brokers and other professionals. Over 80% of those involved in searchfunds maintain a Searchfunder account to help them network, hire, and mentor others.

What are the benefits of membership?

In addition to accessing the most active online network of business buyers, Searchfunder licenses research that is simply not cost effective for individuals. Access over 15,000 industry reports and 50,000 transaction financials. You also get monthly credits for contact information for your company sourcing campaign with the option to purchase more at drastically discounted rates. Searchfunder has pre-purchased access from these data providers in order to empower individual buyers and to help searchers level the playing field versus private equity.

Do you have deals?

While we are primarily a buy-side network, we do have hundreds of brokers that regularly post deals to the community.

Can I find an internship on Searchfunder?

Absolutely! We have the industry's largest intern job board. If you are considering a search, the first step is to help another business buyer so you can hit the ground running.

What does it cost?

Searchfunder is a subscription service. We offer flexible monthly, annual and lifetime memberships.

Monthly

$79 / month

Annual

$19 / month

Lifetime

$432 / once

Those who maintain an account with us for over 4 continuous years are permanently added to the community without the need for a membership.

Do I need an MBA to join?

While a large number of our members come from dedicated programs at Harvard Business School, Stanford GSB, Chicago Booth, and other top programs, searching is no longer reserved for the elite. With the current abundance of dry powder in private equity, and an increasing number of business owners reaching retirement age, good deals rarely go unfunded.

Post a question, deal, job, etc...

Make a post...

Complete registration to post.

by a searcher from The University of Chicago - Booth School of Business
in Chicago, IL, USA

4yrs ago

Franchises and Future Loans

Hello -- I've been searching for a business to buy for some time now. I've started considering owning a franchise, as a path to eventually buying a "standalone" business (basically, the franchise would allow me to show some kind of relevant experience to lenders on a future business acquisition, while providing some income during the search process, at least after the franchise is up and running). One question -- I know that franchisors tend to ask for personal guarantees. Would that guarantee potentially preclude a future SBA loan for an unrelated business acquisition? Thank you.

2 Likes

159 Views

reply by a searcher 4yrs ago
from University of Virginia in Richmond, VA, USA

I think the bigger issue is the personal guarantee on the debt (presumably SBA) that you might have to take out in order to start the Franchise or your general indebtedness as a result of the franchise.