Economy Affects Franchise Business Model Leaving Cash-strapped Potential Franchise Owners To Seek Funding Help From The IL Bridge Fund llc, Lending Programs

Top Quote Many of those individuals who are out of work are looking to Franchise Purchasing as a way to rebuild their financial future. Unfortunately, these same individuals are having trouble financing a franchise purchase so they are turning to alternative funding sources, such as The IL Bridge Fund's Franchise Program. End Quote
  • (1888PressRelease) June 16, 2011 - The Franchise Business Model is being severely impacted by today's continuing economic woes. Job creation still lacks far behind in the economic recovery and jobs are still being eliminated every month by companies and goverment agencies. So today entrepreneurs are looking to franchises as a way to restart and control their economic future and financial outcome. Unfortunately--today's economic woes has severely impacted the Franchise Business Model. Many of these potential purchasers do not have the Cash Liquidity because of the housing debt crisis has affected their net worth. Many potential franchise purchasers are turning to alternative funding sources like The IL Bridge Fund's llc's Lending Programs for short-term financing.

    "Bridge Funding" from The IL Bridge Fund, has funded millions of dollars in transactions for Emerging and Existing Companies, Franchises and Real Estate Investors. We offer "Bridge Funding" to all types of business and real estate opportunities, from franchises to property redevelopment.

    Angelo Sferrazza, President, The IL Bridge Fund, Cincinnati, Ohio is one of the alternative lenders who are providing programs to help prospective franchise buyers purchase and even expand existing franchises. The Franchise Funding Program from, The IL Bridge Fund is offering these services to prospective franchise purchasers:

    Financial Mentoring: Evaluating Business Opportunities
    Creative Funding Arrangements, etc.
    Debt vs. Equity Capitalization
    Introduction to Professional Resource Providers
    Creative Marketing for Today's Technical Environment
    Networking to Grow Business

    Angelo Sferrazza created the IL Bridge Fund in 2009. The IL Bridge Fund, an Ohio Limited Liability Company, is the funding source for Mid-market Emerging and Existing Companies and Real Estate Investors that have valuable marketable assets that can be used to secure an initial bridge loan (short-term). This approach and overall goal of The Bridge Funding Program is to provide the time needed for companies to secure more permanent funding from traditional lenders (Banks), or investment organizations. This is based on allowing companies the time to validate their businesses. The IL Bridge Fund has funded millions of dollars in transactions to date.

    Funded Transactions Include- Gold Star Chili Franchise & Building Purchase, an Investor buying, purchasing and rehabbing investments, a Transportation Company, New Car Auto Dealership, TV Production Company, Power-sports Industry Distributor & Manufacturer, Bakery, Restaurants, Service Companies, and Retail Stores, as well as providing "Bridge Funding" to Real Estate Investors for acquisition, property development and rehabilitation.

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