This quick 30-45 minute call provides an opportunity for us to get to know each other. We want to understand the goals you have for your franchise and evaluate if we are the right partner for you.
We will review your business information and high-level growth plans. Our team will identify options for you based on your franchise's goals for growth. Then we'll schedule a follow-up meeting to discuss options for partnering together.
If we are a good fit for each other, we will facilitate a Growth Strategy Session.
At this stage, we will visit your business, near or far, and review strategic growth plans. This face-to-face meeting will help us establish a meaningful long-term relationship and create a more in-depth financing roadmap to help you achieve your goals.
Once we understand your funding needs and have agreed to basic terms, our lenders will guide you every step of the way through the simple underwriting process. Our origination processes have been carefully crafted to reduce red tape and save you time.
We’ll continue to guide you along your franchise's growth journey.
As your partner, we are here to help you do well with the confidence and security of knowing you have the funding you need to maximize your franchise's future growth potential.
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 and that is a key advantage to working with us. 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