Franchise Loans for Opticians
Scaled for your business
- All levels of franchise
- No Maximum
- Competitive rates
- From 2% above base rate
- Variety of repayment schemes
- Adverse Credit – no problem
- Expert support
- Individual arrangements
- Initial fees
- Property costs
- Setup costs
- Ongoing costs and working capital
Buying an opticians' franchise could give you a business with proven results - if you can provide the funding required.
Starting your own franchised opticians' practice could help you compete with the big names on the high street. By taking advantage of their buying power, reputation and resources it could help you move your business forward fast - but it will require a major investment. Fortunately, there are solutions to help you deal with the costs involved in becoming a franchisee and, here at Rangewell, we can help you find them.
What are the costs of taking on an optician franchise?
All opticians' franchises are likely to be very costly. The precise costs involved will vary - you need to find what is on offer from the various franchisors, and the payment they will expect. Most will include a substantial initial franchise fee and expect you to commit to substantial investment to bring your practice in line with their brand. There may be a monthly fee and additional expenses to consider once you are up and running.
The problem may be that conventional business lenders, such as banks, may not be able to help, as your franchised opticians' business is technically a start-up, lacking a business history.
A specialised franchise loan package may be essential.
How Rangewell can help provide Franchise Funding for opticians
At Rangewell, we know the specialist lenders who can help with purpose-built Franchise Loans. They will look at your experience, your business proposal and the potential of the franchise you have chosen - giving you the chance to benefit from their expertise, as well as the finance you need.
Simply call us to discuss your plans.
Let us find the Franchise Finance you need
We’ve helped many of our clients find the finance they need to take on the franchise they want – and go on to run highly successful businesses.
Call us now to see how we can do the same for you.
REAL EXAMPLES OF WHAT WE CAN DO
Find funding for an established partnership
Help arrange funding for a practitioner with adverse credit
Help a practitioner turn a floundering business into a thriving franchised operation
Found funding for a practitioner to take over an existing franchise
Helping you build your profits
Understanding franchisingWe have helped many entrepreneurs successfully take on a wide variety of franchised businesses at Rangewell. Our specialist understanding helps you to avoid the pitfalls and secure the finance you need.
Knowing franchise-funding lendersWe don’t just introduce you to the lenders that are most sympathetic to franchises - we can actually put you in touch with specialists in your sector.
Funding scaled for your needsThe level of funding you can obtain for your franchise business depends on a variety of factors. This includes your credit rating and the number of years you have been in business. We can help you increase the chances of securing the finance you need for your new franchise.
Flexible repayment termsYou may find you need to borrow a substantial sum in order to take on the franchise you want. Repayment terms can be spread over several years in order to provide the most affordable solution for your needs.
Any franchiseWe work with a range of franchise businesses - including opticians.
A simple first stepIf you are considering franchise financing, you should simply get in touch with the Rangewell team and one of our experienced franchise financing professionals will be in contact to discuss your individual business needs and answer any questions you may have about Franchise Finance.
Download Rangewell’s free and detailed guide to business lending
What kinds of business funding are available and which lenders are experienced at providing finance to the opticians sector?
- How can they provide extra funds for you - without reducing funds available for your business?
- Why you must find the right lender to cut costs
- The downsides of borrowing
- Guarantees and security
How important is it to choose a lender that is authorised and regulated by the financial conduct authority?
Find business finance packages for any purpose for optician practices, including to help with cash flow, working capital finance, premises funding or even equipment finance
Is business finance limited to companies based in the UK only?
Will it be hard work to apply for finance? What paperwork you will need to submit with your application
Key financial terms explained, such as credit lines, Asset Finance, Merchant Cash Advance and terms.
An additional commitmentBorrowing may be a long-term commitment, with ongoing monthly repayments which will affect your cashflow.
You may need to repayIf you sell your business, you may need to repay your borrowing.
Borrowing may be a personal liabilityLending will be secured on your practice, but you may be personally responsible for repayment with some types of loan.
Our service is...
ImpartialTransparent and independent, treating all lenders equally, finding the best deals.
In-depthEvery type of finance for every type of business from the entire market - over 300 lenders.
In-personSpecialist Finance Experts support you every step of the way.
FreeWe make no charge of any kind when we help you find the loan you need.