Using Debt to Grow Your Business A Lender s Insight

Transcription

1 Using Debt to Grow Your Business A Lender s Insight firstfranchisecapital.com This summary is intended as an outline only, and does not purport to summarize all of the terms, conditions, covenants, representations, warranties, and other provisions which would be incorporated into definitive legal documents. This summary is not a loan approval or a commitment by First Franchise Capital to make a loan. Terms subject to change based on satisfactory completion of our due diligence, negotiation, execution of mutually satisfactory definitive agreements and final approval of a loan.

2 Moderator: Lindsay Rairden Marketing Specialist Joined First Franchise Capital in 2016 Manages the marketing to multi-unit franchise restaurant operators 4 years of financial services industry experience lindsay.rairden@firstfcc.com Phone: Keystone Crossing, Suite 1700, Indianapolis, IN firstfranchisecapital.com 2

3 Speaker: Bill Nicholson Executive Director of Sales Part of the First Franchise Capital and Oak Street Funding family since years of financial services industry experience Spent 8 years on both active and reserve duty in the United States Marine Corp. bill.nicholson@firstfcc.com Phone: Keystone Crossing, Suite 1700, Indianapolis, IN firstfranchisecapital.com 3

4 Speaker: Peter Austin Regional Vice President Worked in the franchise lending segment for the past 18 years Spent the last 5 ½ years at First Franchise Capital Covers a territory that includes states in the Mid-Atlantic and Midwest peter.austin@firstfcc.com Phone: Keystone Crossing, Suite 1700, Indianapolis, IN firstfranchisecapital.com 4

5 Speaker: Adam Pleva Vice President of Sales Part of the First Franchise Capital and Oak Street Funding family since 2008 Over 15 years of experience in the finance industry Focuses on helping restaurant franchisees with their financing needs and ultimately achieving their business goals Phone: Keystone Crossing, Suite 1700, Indianapolis, IN firstfranchisecapital.com 5

6 Question 1 What are the biggest hurdles restaurant franchise businesses face while striving to grow? 8888 Keystone Crossing, Suite 1700, Indianapolis, IN firstfranchisecapital.com 6

7 Question 2 What are some of the biggest mistakes people make when trying to borrow? 8888 Keystone Crossing, Suite 1700, Indianapolis, IN firstfranchisecapital.com 7

8 Question 3 When acquiring other stores, what are some things to pay attention to? 8888 Keystone Crossing, Suite 1700, Indianapolis, IN firstfranchisecapital.com 8

9 Question 4 What are the key components in determining loan requirements and structure? 8888 Keystone Crossing, Suite 1700, Indianapolis, IN firstfranchisecapital.com 9

10 Question 5 What are common reasons someone would not get approved for a loan? 8888 Keystone Crossing, Suite 1700, Indianapolis, IN firstfranchisecapital.com 10

11 Question 6 How does First Franchise Capital decide how much I can borrow? 8888 Keystone Crossing, Suite 1700, Indianapolis, IN firstfranchisecapital.com 11

12 Question 7 Why First Franchise Capital? 8888 Keystone Crossing, Suite 1700, Indianapolis, IN firstfranchisecapital.com 12

13 Thank you! Bill Nicholson Peter Austin Adam Pleva Keystone Crossing, Suite 1700, Indianapolis, IN firstfranchisecapital.com 13