PURCHASING A FRANCHISE

When buying an existing business or well-known or successful franchise, there are a number of factors that need to be taken into consideration, including the business history, value of tangible assets, estimated value of intangible assets and the ability to earn a reasonable return on funds. A borrower may also need to consider the goodwill associated with the business.

A franchisee will need to work with Lawrence Commercial to ascertain the exact finance requirements and determine what is available to the borrower, plus with the borrower's accountant and legal adviser to determine the worth of the business and all financial and legal obligations relating to the purchase.

Lawrence Commercial can help tailor the correct facility to meet your specific borrowing needs. Contact Lawrence Commercial and find out how we can take care of your business financing needs.