Running a successful franchise can cost more than your initial investment.
Running a successful franchise can take a significant initial investment. Having paid an upfront franchise fee and rent, you will still need cash on hand for build out costs and marketing, as well as enough money to support yourself. Given the current economic environment, even franchises with successful past performances have had difficulty obtaining the financing they need from traditional bank loans.
IOU Central understands that as a service provider it is imperative for you acquire new customers and retain the ones that you already have. Whether you want to expand your business or launch a marketing campaign, IOU will help your business get to where it needs to be by providing you with the capital you need without the burden of large monthly payments.
IOU offers loans of up to $100,000 to help cover your up front costs while our superior repayment terms ensure that you can quickly pay off your debt in small manageable amounts.
Identifying the length of time in which you’d like to repay your loan is a key component to managing the long-term health of your business and tools such as our loan calculator can help you determine what loan duration will make the most sense for you. With no threat of penalties or fees for paying off your loan early, an IOU loan lets you adjust the state of your own affairs at the same constant pace that your business is moving at.