NatWest Franchise Fund to help more franchise dreams become realities!
Mark Scott - Director, Franchise Development, NatWest
The new, dedicated NatWest Franchise Fund has been created to mark 30 years of NatWest’s involvement with the UK franchise sector. Today, we are as committed as ever to helping new franchisees make that first step to
running their own business.
What the Franchise Fund offers
The NatWest Franchise Fund aims to make it easier for franchisees to secure funding for their plans by providing financing through a dedicated Franchise Fund. The benefits of this being:-
- Benefit from a 1% reduced arrangement fee, available for the first year
- Take a 12-month repayment holiday in your first year. Interest will continue to accrue during the payment holiday and your monthly payments may increase afterwards
- Receive 20% off NatWest RiskRemedy, the compliance service offering guidance on Employment Law and HR and Health & Safety issues for up to 20 employees
- If your business is a start-up or has been running for less than 12 months you can also receive 2 years’ free business banking
Get the benefit of NatWest expertise
We are offering full support via the NatWest franchise team. With their depth of experience and expertise, they will be able to ensure you have the right business banking arrangements in place so everything runs smoothly. Plus, we can help guide you through the challenges associated with starting out as a franchisee.
Working with the British Franchise Association
The NatWest Franchise Fund is endorsed by the British Franchise Association (BFA). As the number one bank for franchises in the UK, NatWest works with the BFA and other affiliated members to support the franchise sector.
For further information you can visit: www.natwest.com/franchise
RiskRemedy offer not available on NatWest Mentor Employment Law & HR, Health & Safety, Environmental and Tax services. Free banking means that the charges for the day-to-day running of your account (known as your ‘service charge’) will not apply during the free banking period. At the end of this period, you will automatically move to the Standard Tariff. Charges for “Additional Services” and “Unarranged Borrowing” are not part of the free banking offer. Free banking applies to businesses that started trading within the past twelve months with projected or existing annual turnover not exceeding £1 million. Security may be required. Product fees may apply. Over 18s only. ANY PROPERTY USED AS A SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT
Tags: franchise, franchise business, Franchise Finance, franchise fund, mark scott
