Financing Options

There are many financing options available to you. Here are a few that we know others have used successfully. As always, we are here to help so if you have any questions about your specific situation, please contact us.
Small Business Administration (SBA) Loans 

The U.S. Small Business Administration (SBA) has delivered millions of loans, loan guarantees, contracts, counseling sessions and other forms of assistance to small businesses. Sparkle Wash has successfully worked with the SBA to finance deals over the years.

401(k) or IRA

Using your retirement fund is another way to fund a business. A common concern is that steep financial penalties will be incurred. This is not the case if you file correctly. By creating a C corporation, a corporate retirement account and moving corporate stocks, you can, in effect, loan money to yourself.

Home Refinance or Equity Line of Credit 

With interest rates at an all-time low and the housing market on the rebound, you might have more equity in your home than you think. Securing a line of credit for your business is a nice safety net for a long-term investment.

Ford Motor Credit

Based on our long-standing relationship, Ford Motor Credit offers a special vehicle and equipment financing package to qualified Sparkle Wash power washing franchisees. This program allows you to obtain the financing you need all in one place.

Guidant Financial

Contact: Kyle Hause, Account Manager
425.326.4608
kyle.hause@guidantfinancial.com
www.guidantfinancial.com

BIZ Finance Solutions

Contact: Doug Smith, Account Manager
970.978.0665
doug@bizfinancesolutions.com
www.bizfinancesolutions.com

 

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