United States Financing
Options
Step 1: Find Out Credit Score
Credit Karma
Contact Info:
Extra Info:
Go to this website and quickly enroll and you will automatically find out what your current credit score. You will also find out other info on your credit score and most likely be presented pre-approved credit cards. Don’t accept them yet they will sit there and you can come back to them if you want them. This will help us understand which option suits you best.
Step 2: Find The Option That Works For You & Apply
Option 1: Personal Loans (Credit Score 575+)
Contact Options:
Website: www.personalloans.com/
Extra Info:
This is one of the places we help people get the most loans from. Very easy platform to navigate and you get your answer really quick on how much you can borrow. Sometimes you will have to couple this with another company to be able to get the amount that you want for your start up. Find out the amount prior to how much you would like to borrow, you can check below for pricing if you need to reference.
Option 2: Lending Club (Credit Score 650+)
Contact Options:
Extra Info:
This is the preferred place we help people get the most from their loans. Very easy platform to navigate and you get your answer really quickly on how much you can borrow. Find out the amount prior to how much you would like to borrow, you can check below for pricing if you need to reference.
Option 3: Bad Credit Loans (Credit Score 525+)
Contact Options:
Extra Info:
There is where you want to apply specifically for bad credit loans. Appy there if you have gotten declined from other lenders or if you are in the 500s for credit. Find out the amount prior to how much you would like to borrow, you can check below for pricing if you need to reference.
Option 4: Discover (Credit Score 750+)
Contact Options:
Extra Info:
There is one way to apply specifically for people with good credit. Do Not Appy there if you are under 750s for credit as there is a very high likelihood of getting declined. The amazing part about them is they give 0% interest for over a year so you end up getting someone else to finance your business while you are building it. Find out the amount prior to how much you would like to borrow, you can check below for pricing if you need to reference.
Option 5: Credit Cards/Bank Loans
Contact Options:
Depends on the direction you want to go
https://www.prosper.com/ (Best Overall)
https://www.avant.com/ (For Average Credit)
https://www.sofi.com/ (For Good Credit)
https://creditapply.paypal.com (Up to $5k with a loan over 6 months)
Extra Info:
Check in with the coach you had your call with and they will guide you the direction from here and what will work best for you. Easiest way to move forward is just to put it on your credit card or a preapproved on on credit karma.
Step 3: Pricing For Different Franchise Options
Quad-Fecta Franchise Options:
Price Range – $13,000+
Trifecta Franchise Option:
Price Range – $3,400 – 12,000
Dual Franchise Option:
Price Range – $2,500 – 7,000
Solo Franchise Option:
Price Range – $450 – 5,000