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Buying A Franchise

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“It was a combination of using money saved and a small loan. The investment level is relativity low<br />

so I had everything paid off quickly.”<br />

-Al Crnjac, Fibrenew<br />

“I was able to fund my franchise through a home equity line of credit. They were extremely<br />

considerate and fair to work with as my territory grew and I opened up an additional office.”<br />

-Kathryn Boyce, MaidPro<br />

“We funded the initial purchase and all the start up costs of our first territory out of our personal<br />

savings. As our business has grown, and we have acquired additional units, we have taken out an<br />

SBA loan and a line of credit, which helps with cash flow.”<br />

-Tracy Panases, Just Between Friends<br />

“I was awarded the franchise through CruiseOne/Dream Vacations’ annual Operation Vetrepreneur.<br />

I had to submit a business plan, go through interviews, and was blessed to be one of the five<br />

military veterans in 2015 to receive a free franchise.”<br />

-Larkin Frazier, CruiseOne/Dream Vacations<br />

Tip<br />

For more information about funding your franchise, visit <strong>Franchise</strong>BusinessReview.com/Funding.<br />

Many franchise systems offer discounts and incentives to military veterans like Larkin. To learn more about<br />

the brands that have helped vets find success, see our Top <strong>Franchise</strong>s for Veterans.<br />

<strong>Franchise</strong>BusinessReview.com 08

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