Although we do not provide direct financing, there are several ways we can help you obtain funding for starting your own Homewatch CareGivers franchise. We have partnered with several organizations to help franchisee hopefuls become business owners.
Homewatch CareGivers is an SBA-approved franchise. The Small Business Administration (SBA) can help you get small business loans as well as offer valuable advice. We will also help you work through the loan process, as we have relationships with national financing partners.
Other sources for small business loans include home equity, veteran's loans, banks, self-directed financing (e.g., 401(k) rollover), credit unions, unsecured lines of credit, and friends and relatives. Your franchise consultant can help direct you to the funding source that is right for you.
Boefly is an online lending marketplace to help match small business owners with trusted lenders. Through our relationship with Boefly, potential franchisees can work directly with a Boefly account manager to find the best source of funding according to the needs of the business owner.
In addition, Boefly offers a service to pre-qualify potential franchisees called BQual™ - Homewatch CareGivers offers this service free of charge to interested candidates who want to pre-qualify for financing from a trusted lender source.
We also have a relationship with an organization called Fundation to help our current franchisees with loans to fund the growth of their business. Whether franchisees want to hire more staff, expand into new regions, or secure more office space, we can help connect them with funding sources to remain financially secure.