Initial Investment & Finance Options
The initial Franchise Fee is £43,000 + VAT. You’ll need £10,000 – £15,000 in working capital.
Many of our franchisees have started their journey with the help of finance from external sources. The following sources have all been used to raise finance for an Envirocare franchise:
- Bank Funding: Banks often view franchising favorably and will lend up to 70% of the setup costs. You’re buying into a proven business model, so banks will generally regard a franchise purchase as lower risk than a start-up. Make sure you approach the bank’s specialist franchise department. We can help you with your business planning and application as part of the matching process.
- New Start Loan Company: A government-backed finance, support and mentoring programme for start-up businesses of those less than 2 years old.