New Capital Infusion to Help Entrepreneurs and Small Businesses Franchise
Olympia Fields, Illinois--Entrepreneurs and smallbusinesses eager to expand through franchising have a new source ofgrowth capital. Francorp Capital Inc. is in the process of raising$30 million to provide qualified businesses with funds they need tolaunch franchise programs. Each business selected by FrancorpCapital will received a capital infusion of $300,000 for franchiseprogram development and implementation.
Businesses applying for Francorp Capital's capital infusionwill be evaluated based upon their potential for success asfranchisors. Criteria include profitability and growth, theexisting markets for their particular franchises and the amount ofinvestment required by the franchisee. -FrancorpInc.