We have the service touch of a traditional community bank coupled with deep experience in franchise systems and lending. Our goal is to become your trusted financial partner so we can process credit requests fasters than our competitors, provide sound advise for growth, and help operators reach their long term goals.
We offer programs to provide conventional financing for requests up to $5,000,000. Larger requests can be funded through a syndicate of funding partnerships with other banks that we have established. Regardless of deal size, Osgood Bank will be your single point-of-contact for your lending relationship.
No. We typically do not pursue SBA guarantees unless it's requested by the borrower to obtain a particular rate or structure.
A typical franchise loan to fund a new location will typically be a 5-10 year term, fully amortized - with an initial 12 month interest only period during construction and stabilization. Our rates and fees are highly competitive.