Wanted: Lendees A lender ready for your loan application--and giving answers in 5 days or less
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Is your franchise's cash flow running low? Having troublegetting loans from your local bank? You may find this hard tobelieve, but some lenders are actually looking for you. One suchlender is TextronFinancial Corp., which provides loans for businesses of allsizes.
When Textron Inc. needed financing for its fleet of aircraftmore than 20 years ago, it started a Providence, Rhode Island-basedfinance company that now provides loans for franchises like GreatClips, Dunkin' Donuts and Domino's Pizza. Its 17 divisionsinclude a Tempe, Arizona, franchise lender and Textron BusinessCredit Inc., which handles loans for small businesses andfranchises with less than five units.
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