Is your franchise fundable? 💸

In this episode of Kickstart My Franchise Podcast, we chat with Burke Purcell from LoanBud to break down how SBA loans work, what makes a brand more attractive to lenders, and how to get pre-qualified faster. Whether you're still picking a brand or already deep in FDDs, this is a must-watch!

👉 Featuring: Burke Purcell, Co-Founder of LoanBud
🎯 Topics: SBA loans, funding timelines, down payments, Item 7, financial readiness & more.

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0:00 Introduction
0:24 What is LoanBud?
1:41 What makes a franchise brand more fundable in the eyes of lenders?
2:30 SBA Pre-approved
3:41 Pre-qualified SBA Applicant
7:11 Downpayment
8:47 Do I already need a brand picked?
9:55 Item 7 and Budgeting
11:18 Assessing Financial Readiness and Liquidity
14:00 Speeding Up the SBA Process
16:28 Timeline for the Application Process
18:04 Risks, Collaterals, and Personal Guarantees
21:03 Franchise Disclosure Documents and Fees
22:55 SBA Loan & Real Estate
26:28 LoanBud

🚀Ready to kickstart your franchise journey? Send me a DM to learn how we can save you up to $10k on this exciting brand! 📚✨
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