How Long Does it Take to Close a Franchise Startup Loan with SBA?

How Long Does it Take to Close a Franchise Startup Loan with SBA?

In this episode, we break down the factors that affect the timeline and offer insights to help you navigate the process smoothly. From home service businesses to franchises needing tenant improvements, we cover it all. Learn what documentation is required, how different banks operate, and what you can do to speed up your loan approval. Whether you're just starting or ready to dive in, this video is a must-watch for aspiring franchise owners.

Are you an entrepreneur or business owner looking to buy or expand a business? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble

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📌 Timestamps:
00:26 Home Service Businesses and Quick Closings
01:01 Tenant Improvements and Longer Timelines
01:27 SBA Loans for Commercial Real Estate
01:56 Bank Efficiency and Loan Timelines
03:03 Extensive Tenant Improvements and Delays
03:25 Understanding Bank Turn Times
04:00 Credit Scoring and Streamlining the Process

💥 Thanks for watching 💥
#SBAloan #FranchiseStartup #SmallBusinessLoan #FranchiseFinancing #BusinessLoans #TenantImprovements #CommercialRealEstate #HomeServiceBusiness #LoanApproval #CreditScoring

About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.

About the Channel: Want to structure your investments in the right and secure way?

Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.