FINANCING YOUR FRANCHISE
MagiKats are proud to be an accredited franchisor with The Franchise Alliance as this also provides real benefits for our existing and prospective franchisees. The Franchise Alliance have the ability to access Government backed start up Loan facilities.
Start up loans, available to people living in the UK are designed to get businesses up and running. Entrepreneurs can borrow up to £25,000 each and have up to 5 years to repay the loan. An attractively low fixed rate of interest, 6.2%, is one of the main benefits and there are no early repayment penalties. Alongside the loan, applicants receive free business support and mentoring for 12 months.
The Franchise Alliance have supported many entrepreneurs to access low-cost finance. Their support of the business owner does not stop at successful launch because we know (and statistics prove this) that the first twelve months can be some of the loneliest, most stressful and cash poor in the life of a business.
Being in business can sometimes be lonely but you are not alone when you work with MagiKats and The Franchise Alliance. Collectively, we deliver a range of business services and have a network of experienced mentors, all with the aim of supporting a whole wave of entrepreneurs on their journey to success.
To find out more, simply click on the logo below and complete the form. Someone from The Franchise Alliance will then be in touch about the next steps.