The IL Bridge Fund llc, Cincinnati, Ohio Assists Potential Franchise Purchasers Needing Cash with Specialized Bridge Funding Program

Top Quote Today, entrepreneurs are looking to franchises as a way to restart and control their economic future, unfortunately many of these potential purchasers do not have the Cash Liquidity because of the housing debt crisis, so they are turning to alternative funding sources like The IL Bridge Fund's Programs for short-term financing. End Quote
  • (1888PressRelease) March 29, 2011 - The Franchise Business Model is being severely impacted by today's economic woes. Many of those individuals who are out of work are looking to Franchise Purchasing as a way to rebuild their economic future and control their financial outcome. Unfortunately, these same individuals are having trouble financing a franchise purchase because of the housing debt that has affected net worth. Many of those prospective franchise owners are looking at alternative lending to launch their franchises, according to an article in "Small Biz Trends."

    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. In a new program, 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

    The focus on potential Franchise Buyers is only one of the new initiatives from, The IL Bridge Fund. To assist us in realizing some of our future growth plans, we have reached out to new Asset Based (Collateral) funding sources to enable our business to seek new avenues of underserved businesses and entrepreneurs. Our new best practices will be instrumental in discovering numerous opportunities for involvement in government, community and individual plans to help develop new jobs and resources in Ohio as part of the new JobsOhio Initiative.

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