What is a franchise loan?
Franchise loans can support eligible franchise purchases, fit-outs or urgent working capital where the purpose is commercial.
Who it is for
They suit franchise operators who need fast short-term funding supported by security and a clear exit path.
What franchise finance may cover
Eligible franchise finance enquiries may relate to acquiring an existing franchise, paying a deposit, completing a fit-out, buying stock or equipment, or bridging short-term working capital. The lender still needs a genuine business purpose and transaction-specific information.
What lenders may assess
Assessment may consider the borrower and entity, franchise agreement, purchase or fit-out budget, trading information if available, property security, existing debt, requested amount and the repayment or exit plan.
How to compare franchise loan costs
There is no universal franchise loan rate. Compare the written interest, fees, term, security, guarantees, default consequences and total expected cost for the proposed facility rather than relying on a headline rate.
Documents to prepare
Useful documents may include identification, entity and ABN or ACN details, franchise and sale documents, budget or use-of-funds information, property rates notice, mortgage statement and evidence supporting the exit strategy. Additional documents may be requested.
How fast approval and funding may happen
Same day business loan approval may be possible where the application, property security, identification, loan purpose and exit strategy are clear. Funding may be possible within 24 hours for some eligible applications, subject to assessment, documentation and settlement timing.
Eligibility criteria
- Business or commercial purpose only.
- ABN, ACN or acceptable business structure.
- Suitable Australian real estate or property equity available as security.
- Clear use of funds and lawful source of repayment.
- Practical exit strategy such as refinance, sale, settlement or business cash event.
Documents commonly needed
- Identification for borrowers and directors.
- ABN, ACN, company, trust or partnership details.
- Rates notice, mortgage statement and security property details.
- Loan amount, required timing and business purpose.
- Exit strategy evidence where available.
Typical loan uses
Businesses commonly enquire about urgent funding for stock, tax, wages, supplier payments, settlement gaps, equipment, business acquisition, commercial property needs, cash flow pressure and refinance timing.
Fees, rates and risk transparency
Fast secured short-term business finance can be more expensive than a traditional bank loan. Pricing, fees, interest, default costs and security obligations should be reviewed before accepting an offer. Approval is not guaranteed.
How the application process works
- Apply online or call 1300 852 150.
- BizLoansFast reviews the business purpose, security and documents.
- Security and exit strategy are assessed.
- Eligible applicants receive terms to review.
- Documents are completed and settlement is arranged where approved.
Franchise Loans FAQs
What is a franchise loan?
Franchise loans can support eligible franchise purchases, fit-outs or urgent working capital where the purpose is commercial.
Who is franchise loans for?
They suit franchise operators who need fast short-term funding supported by security and a clear exit path.
How quickly can a business loan be approved in Australia?
For eligible business-purpose applicants with suitable property security and clear documents, same day approval may be possible. Funding timing depends on assessment, security checks, documentation and settlement requirements.
What documents are needed for a fast business loan?
Most urgent secured business loan enquiries start with identification, ABN or ACN details, a recent rates notice, mortgage statement if relevant, property security details and a clear business purpose and exit strategy.
Can I get a business loan with bad credit?
Bad credit may be considered for business-purpose lending where the security, business use and exit strategy are acceptable. Approval is never guaranteed and is subject to assessment.
Can franchise finance be used to buy an existing franchise?
It may be considered where the acquisition is for a genuine business purpose and the borrower, security, documents and exit strategy satisfy assessment.
What interest rate applies to a franchise loan?
Pricing is transaction-specific and can depend on the amount, term, security, risk and documents. Review the lender's written offer for the actual rate, fees and conditions.
Can a new franchise apply without a long trading history?
A new franchise may be considered in some secured business-purpose scenarios, but approval is not guaranteed and the lender will still assess the transaction, security, risks and exit plan.