Today there are more than 850 franchise systems in Australia, employing over 500,000 people. Whilst each system is different, they typically have capital requirements which need to be managed effecstively.
Whether you need funds to cover the cost of initial fit-outs, franchisee and marketing fees, purchasing new equipment, refurbishing your premises or you're looking to grow by acquiring new sites, Westpac is ideally placed to help. Your Franchise Development Manager will closely work with you to identify the most suitable finance options for your franchise.
Depending on the nature of your business and your system, you may also be able to borrow directly against the value of your business. This could help free up your assets for use in other important areas of your business.
Westpac has worked alongside many of Australia's most successful franchisees. This experience, together with extensive research into the changing nature of this rapidly growing sector provides an unrivalled platform from which to help you and your business.
Specialists who go further for your business
As a central part of Westpac's commitment, you'll enjoy the services of a dedicated Franchise Development Manager who is your direct contact at Westpac. With considerable experience working with franchise systems, they have an intimate knowledge of the financial requirements and pressures associated with running your business.
Your Franchise Development Managerwill make it a priority to help you identify and clarify, the financial opportunities and threats that exist for your business. They will then look closely at your long and short term objectives to help you structure the most suitable financial solutions to achieve them.
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