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THERE are clear indicators that many businesses are turning to their banks for funding. According to the British Bankers' Association (BBA), lending to small businesses rose by [pounds sterling]391 million in June, while almost 50,000 new business banking relationships were established and deposits grew by [pounds sterling]577 million.
Potential franchisees are likely to be considered more favourably for finance than a conventional start up because of the lower risk involved.
For an established franchise, most of the major banks will lend up to 70 per cent of the start-up costs, for new franchises the figure will be around 50 per cent.
So how can you make …