Make your path to business ownership more affordable by taking advantage of financing options
The decision to go into business for yourself is a big financial commitment – but this shouldn’t get in the way of realizing your dreams. While many people fund the business completely out of pocket, the majority of business owners secure financing to make the path to business ownership more affordable. Essential Pros, a fast-growing personnel staffing franchise, exists to help entrepreneurs excel as owners of staffing businesses. When you franchise with a brand as established as Essential Pros, you will be able to benefit from our relationships with third-party lenders and resources to help you secure the funding you need to launch your business.
Here is how you can finance an Essential Pros personnel franchise
U.S. Small Business Association (SBA) lending is a good option for many entrepreneurs. These are government-backed loans and offer low-market rates. The advantages here are big: interest rates tend to be low, there is no prepayment penalty, and a better rate can be obtained once you’ve proven your business.
This is what it sounds like – a bank provides the funding for your business. This is often a long-term investment that requires multiple years to pay off. If you have open lines of credit, this may be a good option for you.
Leverage retirement funds tax-free and penalty-free
If you have a 401(k) or an individual retirement account (IRA), it can be converted into a self-directed IRA to fund your business. This financing option is advantageous because it doesn’t require a long approval process for a loan. Instead of paying interest to a bank, you make payments into your retirement account as your business grows.
Essential Pros Personnel Franchise offers big discounts with our Pioneer Program
Because Essential Pros is a new franchise opportunity, we’re rewarding early adopters with big discounts through our Pioneer Program. This limited time only program includes a 50% reduction of which is a savings of $15,000, and numerous other benefits, such as 1-on-1 coaching with our CEO Travis Powell, as well as redirecting your marketing fees to be spent on your business, and much, much more!
Learn more about our Pioneer Program by clicking here.