Whether you're talking expansion or looking for help efficiently managing the build-out of new locations, our Franchise Financing Experts can provide guidance to fuel growth and optimize your operations.
When it's time to renovate your locations or rebrand, we'll help you find the best solutions to minimize cash flow impact and to maximize unit value per location.
Consolidate term debt to free up collateral to open additional units - with a partner that has a proven track record in the franchise lending space.
When it comes time to upgrade or replace equipment, we have fixed rate solutions that will meet your needs and keep your business running efficiently.
|Osgood Franchise Financing
||Osgood Franchise Financing with an SBA Guarantee
|Fast Approvals (typically 14 days or less after a full package has been received)||✓|
|Projection Based Lending||✓||✓|
|Available with Most Brands||✓|
|Personal Guarantees (PGs)||Given the size, complexity, and duration of our relationship PGs may be required. A lender will discuss any potential PG requirements when we review your request.||Typically required for those owning more than 20% of the business.|
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.