June success story
This month, NGI Franchise Funding is pleased to share how we supported a franchisee in securing the funding required to successfully launch a new mobility retail store in Scotland. We worked closely with the client to prepare a comprehensive business plan and successfully obtained a £100,000 business loan, helping provide the financial foundation needed to begin trading with confidence.
The need: Funding support to launch a new mobility retail franchise in Scotland
Our client was preparing to launch a new mobility retail franchise territory in Scotland and required funding to support the initial start-up and establishment costs. As with many new franchise launches, securing the right finance at the outset was essential to ensure the business could begin operating effectively, with the appropriate premises, stock, equipment and working capital in place from day one.
The franchisee required support not only in obtaining the funding itself, but also in presenting the opportunity clearly and professionally to lenders. This included the preparation of a detailed business plan that demonstrated the viability of the business, the strength of the franchise model and the franchisee’s ability to successfully establish and grow the new territory.
To support the launch, funding of £100,000 was required, providing the financial backing needed to help the franchisee move forward with confidence as they begin their franchise journey.
The solution: A tailored business plan and £100,000 business loan
NGI Franchise Funding worked closely with the franchisee from the outset to understand the business opportunity, funding requirements and launch plans. We supported the franchise owner in preparing a detailed and lender-ready business plan that clearly outlined the business model, projected performance and funding needs, giving lenders the confidence to support the application.
Using this as the foundation, we successfully secured a £100,000 business loan, providing the financial backing needed to move ahead with the launch of the new mobility retail store.
The funding package enabled the franchisee to:
- Secure £100,000 to support the launch of the new territory
- Cover key start-up, premises and operational costs
- Present a strong, lender-ready business plan to support the application
- Move forward with a clear financial structure in place from day one
- Launch the business with confidence and appropriate working capital available
This tailored funding solution provided the franchisee with the confidence and financial support needed to establish their new mobility retail franchise on solid foundations and focus on building a successful business from the outset.
Why NGI Franchise Funding?
At NGI Franchise Funding, we specialise in helping franchisees access the right funding to support every stage of their journey, whether launching, expanding, investing in equipment, or strengthening working capital. Our experience in franchise finance, combined with our business planning expertise, allows us to structure practical, tailored funding solutions that work around each business’s goals and funding requirements.
We are proud to have supported this franchisee in securing the finance needed to launch their new mobility retail territory in Scotland and take the next step towards building a successful future in franchising.
For more information or assistance, please call us on 01993 706403 or email hello@ngifranchisefunding.co.uk.