August success story
This month, NGI Franchise Funding is delighted to share how we supported a franchisee in purchasing an existing printing franchise in Essex. We worked closely with the client to complete a robust business plan and arrange £54,000 in funding, providing the finance needed to complete the purchase and take on an established business with confidence.
The need: Finance to purchase an existing printing franchise in Essex
Our client identified an opportunity to acquire an existing printing franchise in Essex, with an established client base, trading history and equipment already in place. Purchasing a business of this kind offered a head start over a new launch but required £54,000 in funding to complete the acquisition and ensure a smooth transition of ownership.
As with many franchise resales, having a clear, well-evidenced business plan and the right funding in place from the outset was essential to give the franchisee and the lender, confidence in the future performance of the business under new ownership.
The solution: £54,000 funding and business plan
We worked closely with our client to prepare a comprehensive business plan and financial projections that clearly set out the strength of the existing franchise, its trading history and its potential for continued growth under new ownership. This allowed us to approach lenders with a strong, well-supported case and secure the £54,000 funding required for the purchase.
The funding solution gave the franchisee the confidence and financial support needed to complete the purchase of their new printing franchise in Essex and begin trading on solid foundations from day one.
Why NGI Franchise Funding?
At NGI Franchise Funding, we specialise in helping the franchise sector access the right funding to support every stage of their journey, whether launching, purchasing an existing territory, expanding, or strengthening working capital. Our experience in franchise finance and strong lender relationships allow us to structure practical, tailored funding solutions that work around each business’s goals and requirements.
We are proud to have supported this franchisee in securing the finance needed to purchase their printing franchise in Essex and take the next step in their franchising journey.
For more information or assistance, please call us on 01993 706403 or email hello@ngifranchisefunding.co.uk.