Franchise Financing Options

Franchise Financing Options: Take Charge of Your Future!

If you’re here, chances are you’re eager to be your own boss. Maybe the 9-5 grind has left you feeling undervalued, overworked, and underpaid – sound familiar? We know transitioning from being an employee to owning your own business is a big step, so we’ve gathered useful information to help you navigate the most popular funding options.

Funding Option

Using own funds, such as savings or investments.


  • No interest payments or debt.
  • Full control over the business without external pressure.


  • Risk of depleting personal savings.
  • Limited capital availability.

Borrowing money from family members or friends.


  •  Flexible repayment terms.
  • Often interest-free or low interest.


  • Potential for strained personal relationships.
  • Limited funding capacity.

Traditional loans from banks or financial institutions.


  • Access to significant funds.
  • Established repayment terms and schedule.


  • Requires a good credit score and assets.
  • Interest rates and fees can add up.
  • Right approval process.


Using the equity in your home as security for a loan.


  •  Lower interest rates compared to unsecured loans.


  •   Risk of losing the home if unable to repay.
  •   Limited to the equity available in the home.


  • Immediate Access to Funds.
  • Rewards and Cash Back.
  • Flexibility and Convenience.


  • High Interest Rates if Not on 0% interest.
  • Risk of Accumulating Debt.
  • Impact on Credit Score.

Using retirement funds or investments to provide immediate capital.


  • Access to substantial funds.
  • No Interest Payments.
  • Potential for Higher Returns.


  • Risk of Financial Security.
  • Regulatory and Legal Challenges.

Utilising redundancy funds to provide immediate investment.


  • Immediate Capital with No Debt.
  • Personal Investment in Your Future.
  • Potential for Higher Returns.


  • Risk of Losing Initial Investment.
  • Pressure of no ‘rainy day’ fund.
  • Lack of Diversification.

Don't just take our word for it.

“The process of getting a loan for my franchise was so easy! The team at Head Office helped me out with all of the paperwork and talked me through what I needed to input. It was a lot easier than I thought it was going to be. And it only took 1/2 weeks to get the funding approved.”

Nicola Allison – Huntington branch owner.

What's the Right Funding Option for Me?

When it comes to finding a We Love Pets franchise, it’s all about picking what works best fr your finances and goals. Think about your options carefully and make sure whatever you choose fits your long-term financial plan. Managing debt or equity wisely is key when you’re stepping into the world of franchise ownership. 

More About Funding

Picking the best investment for you depends on your situation; there’s no one-size-fits-all! Just be sure to check all of your options carefully before deciding.

Consider factors such as interest rates, loan terms, fees, repayment schedules, and the lender’s experience with franchise financing. It’s beneficial to shop around and compare offers from multiple lenders to find the best deal.

Yes, many franchisees use a combination of financing options to meet their funding needs. Diversifying sources can reduce risk and provide flexibility in managing capital.

Credit scores significantly affect your ability to secure financing and the terms of the loan. Higher credit scores typically result in better interest rates and loan conditions. Lenders assess your credit worthiness based on your credit history and score.

Even with bad credit, you can still secure financing by considering options such as governement-backed loans. Improving your credit score and managing your finances better will also make a significant difference.

Most franchise owners make back what they put in within seven months.

When will I See a Return on my Investment?

The time it take to see a return on your investment in a We Love Pets franchise can vary based on factors such as location, market conditions, and your business management. We Love Pets franchise owners typically start seeing profits within the first 7 months of starting their business. Following our proven business model of 16 years, investing time into the business, and building a reliable team all play crucial roles in achieving this goal.

Return on Investment

By month seven, 87% of our current franchisees have recouped their initial investment.

The break-even point is the level of sales

  • needed to cover all expenses. Knowing this helps you understand how long it will take to become profitable and is crucial for planning cash flow and repayment schedules. At WLP we have our APP CONNECT that keeps you on top of this daily. 

One of our most frequently asked questions! Each franchisee is unique, with varying personal circumstances and time commitments. Our established business model has a proven track record of success spanning over 16 years. Following it diligently will lead to a faster return on investment.

Build a financial reserve, regularly review financial performance, manage debt wisely, and maintain a flexible budget. Planning for contingencies, such as economic downturns or unexpected expenses, can help ensure long-term financial stability.

A comprehensive business plan is crucial for securing financing. It should outline the business model, market analysis, operational plan, financial projections, and how the franchise will achieve profitability. Lenders and investors use it to assess the viability and risk of the investment. If you decide to move forward with a government-backed loan, WLP will assist you throughout the process.