If not, then you ought to know what lenders are looking for.
We recently chatted with John Teat, national franchise lending director at Bank United, in Irving, Texas, to get the inside track on franchise lending. Bank United has begun lending to 35 different franchises in the last four months alone, so if you want to wow those lenders at your next meeting, listen up.
Nichole L. Torres: What do you look for in someone seeking a franchise loan?
Continue reading this article -- and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5!