Frequently Asked Questions
HOW MUCH FUNDING CAN I OBTAIN FOR A FRANCHISE BUSINESS?
The amount of funding a franchise buyer can obtain depends on a variety of factors, including franchise type, your credit rating and the number of years the franchise has been operating.
HOW LONG WILL IT TAKES BEFORE THE LOAN IS FUNDED?
Triton’s franchise financing program is designed to be efficient and simple for franchise entrepreneurs. After submitting your application, we will provide you with a fast credit decision, usually within one business day. We have the ability to provide funding in a matter of days and you will not have to wait long to put your franchise loan to work. The average length of time to receive funding is 15 to 25 business days.
HOW LONG DOES THE 401(k) ROLLOVER PROGRAM TAKE?
The average length of time to fund the franchise corporation (if it is a newly purchased franchise) is 4 to 5 weeks.
WHAT ARE THE BENEFITS OF USING TRITON FRANCHISE ADVISORY SERVICE?
Our team of financial specialists provides assistance and guidance on how to avoid the costly pitfalls and mistakes that many people fall victim to when buying a franchise.
WHAT FRANCHISE INDUSTRIES ARE ELIGIBLE FOR FRANCHISE FINANCING?
Over the years, Triton has provided franchise financing to retail stores, fitness centers, hair salons, restaurants, coffee shops, hotels, cleaning businesses and other reputable franchise brands throughout the United States. Contact us for more information to learn whether the franchise brand you wish to purchase fits into one of our loan programs.
HOW DO I FIND THE RIGHT FRANCHISE TO BUY?
Our team has the experience and knowledge necessary to assist you in choosing the best available franchise opportunity that fits YOUR needs. Our expertise and knowledge can save you time and thousands of dollars during the purchase and establishment process.
CAN I GET FINANCING FOR FRANCHISE RE-IMAGING OR REMODELING?
Yes! Triton offers a franchise Re-Imaging Program based on your budget and individual remodeling needs. We can finance your franchise project to update or renovate it with new furniture, equipment, fixtures or signage in order to help you continue to deliver an outstanding experience to your customers.
WHY ARE VETERANS SUCCESSFUL AT RUNNING A FRANCHISE?
Veterans have over many years developed strong leadership skills, know how to work with a Standard Operating Procedure (SOP), and have a thorough understanding of teamwork that makes them the perfect fit for purchasing and operating a franchise business. Contact us for more details about exciting franchise and financing opportunities for military veterans.
AS A VETERAN, WHAT INFORMATION IS REQUIRED TO GET A LOAN?
You have to be Honorably Discharged and provide a copy of your DD-214 form.
HOW DO I GET STARTED WITH THE PROCESS OF PURCHASING A FRANCHISE BUSINESS?
If you want to start a franchise business, you will need specialized legal, financial and accounting advice, and working with a firm like Triton provides you with these resources. Our extensive franchising experience will give you the advantage and peace of mind that you need during the process of purchasing the right franchise while ensuring you do not fall victim to the pitfalls that we have unfortunately seen many franchise buyers get into over the years. Give us a call at 770-249-2357 today and take advantage of our free, no obligation consultation.
HOW WILL TRITON HELP ME SAVE TIME & MONEY?
Triton helps save you time and money in several ways: for example, by guiding you through the franchising purchasing process and providing detailed research about the prospective franchise that fits your long term goals. Triton will identify the right structure and create a workable business plan that will ensure that you get the financing you require as well as introduce you to the right franchisors that fits your long-term needs. With Triton, instead of going from place to place, searching the internet and getting poor advice, you can get all the information you need in one place. We will save you time and thousands of dollars during this process. Having a dependable company like Triton as part of your professional team with all the resources at your fingertips will ensure that you make the right choice when purchasing a franchise.