Frequently asked questions about FranFund
Who is the CEO of FranFund?
Geoff Seiber is the CEO of FranFund.
Who are the decision makers in FranFund?
The decision makers in FranFund are Sherri Seiber, Geoff Seiber, Holly Bejar, etc. Click to Find FranFund decision makers emails.
What types of funding solutions does FranFund offer for franchise and small business ownership?
FranFund specializes in a variety of funding solutions tailored for franchise and small business ownership. Our offerings include Franchise Funding, 401(k)/ROBS Retirement Plan Funding, SBA Loan consulting and packaging, and conventional loan packaging and origination. We work closely with entrepreneurs to develop personalized funding strategies that align with their business goals.
How does the 401(k)/ROBS Retirement Plan Funding work?
The 401(k)/ROBS (Rollover as Business Startups) Retirement Plan Funding allows entrepreneurs to use their retirement savings to fund their business without incurring early withdrawal penalties or taxes. FranFund assists clients in setting up a compliant ROBS structure, enabling them to invest their retirement funds directly into their franchise or small business, thereby providing a significant source of capital.
What is FranScore® and how does it benefit potential franchise owners?
FranScore® is an innovative tool developed by FranFund that evaluates the financial health and viability of a franchise opportunity. By analyzing key metrics and data points, FranScore® helps potential franchise owners make informed decisions by providing insights into the franchise's performance, market position, and growth potential. This tool is essential for entrepreneurs looking to assess the risks and rewards of their investment.
Can FranFund assist with SBA loan applications?
Yes, FranFund offers comprehensive SBA loan consulting and packaging services. Our team of experts guides clients through the entire SBA loan application process, ensuring that all necessary documentation is prepared accurately and submitted on time. We help entrepreneurs understand the requirements and improve their chances of securing funding through SBA loans.
What is the concierge level service provided by FranFund?
FranFund's concierge level service is designed to provide personalized support throughout the funding process. Our dedicated team works closely with clients to understand their unique needs and preferences, offering tailored solutions and ongoing assistance. From initial consultations to finalizing funding, we ensure a smooth and efficient experience for entrepreneurs seeking to finance their business ventures.
What industries does FranFund support in terms of funding solutions?
FranFund supports a wide range of industries, primarily focusing on franchise businesses and small enterprises. We work with various sectors, including food and beverage, retail, health and wellness, and service-based industries. Our goal is to empower entrepreneurs across diverse fields by providing them with the necessary funding solutions to achieve their business aspirations.