Investing in a franchise provides more benefits than drawbacks. One benefit is that you are purchasing a turnkey firm that is already up and running with a tested system. The second thing you must think about is how you will finance the project. Are you able to do this without breaking the bank? Alternatively, what are my choices for obtaining a franchise business loan?

Borrowers can use franchise business loans to pay franchise license fees so they can sell goods and services under the franchisor’s name and business. The franchisor and franchisee could negotiate the size and frequency of the payback requirements.

BlendPH, a peer-to-peer online funding platform offering a franchise loan that everyone around the Philippines can instantly apply for.

Peer-to-peer lending (P2P) is a type of business loan where several individual investors contribute money to a firm, generally through an online platform. In comparison to using banks, lenders and borrowers are meant to get better rates.

Peer-to-peer lending on the Blend.PH platform allows you to make up to 30% profit on your initial investment. With this, you can make money even when you’re sleeping or traveling.

BlendPH‘s Franchise Loans are designed for individuals who need funding to franchise any of the brands partnered with blend.ph. On BlendPH‘s platform, the loanable amount starts at PHP50,000 up to as much as PHP2,000,000. The interest rate is 2% and terms are from 12 to 36 months.

If you are still contemplating on what franchise to get they have partnered with some of the most profitable franchises locally, just head on to their website to see their list of franchise partners.

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