Lending Process Streamlined for Franchise Financing Success.

LAS VEGAS (Nov. 7, 2024) – The franchise industry is a resilient driver of economic growth as franchises are projected to increase 4.1% to $893.9 billion in 2024. States in the Southeast and Southwest: Texas, Florida, Georgia, North Carolina, South Carolina, Tennessee, Maryland, Arizona and Colorado are outpacing other areas in the U.S. according to the 2024 Franchise Economic Outlook. Still, almost 90% of franchisees are feeling the impact of higher inflation and the resulting cost increases and slowdown of customer traffic.

That’s why Loan Mantra is launching an enhanced tool to save franchises time and money. The Franchise Portal 2.0 debuts at the Restaurant Finance Development Conference, Nov. 11 – 13 and is the only fintech platform that streamlines the lending process for financing success. The portal harnesses A.I. to increase operational efficiency to provide the specialized range of financing options that franchisees need, like conventional or franchisor financing, equipment financing, commercial real estate loans, lines of credit, 401k rollovers and even invoice financing.

“Loan Mantra understands the increased pressure that franchise businesses face. That’s why we’ve launched Financial Franchise 2.0., an upgraded portal built specifically for the franchise industry. Now, franchise owners and operators can meet all their financial needs in one streamlined, bankable platform,” said Raj Tulshan, founder and partner of Loan Mantra.

Loan Mantra’s end-to-end platform can perform credit checks and vet potential business owners while pre-qualifying franchise owners or prospects for startup/business, leasehold, or equipment financing. Using proprietary technology, the system seamlessly processes multiple clients, guiding them through the appropriate channels to match borrower and lender with the right loan products based on the need for capital and franchisor requirements. The system also offers white labeling so that corporate brands are highlighted while Loan Mantra’s technology works in the background.

“The Financial Franchise Portal is a tool to help restaurants serve up success,” says Tulshan, founder and partner of Loan Mantra, “This enables us to deliver enhanced financial services in less time.”

About Loan Mantra:

As a franchise industry expert, Loan Mantra has successful financed multimillion dollar deals for over 15 locations of a top 50 national franchise, ground up construction of food franchises throughout the Mid-West, helped a major sandwich franchise gain working capital and construction financing to expand locations through the United States and helped a restaurant franchise fund new technology to automate parts of their cooking process.

With 75 years of experience handling over 2,000 financial consultations, Loan Mantra has funded $400 million in loans for small and medium size businesses (with an average loan amount of $800 thousand). Loan Mantra’s human high-touch client service, high-tech technology and painless platform allows borrowers, lenders and partners to fund loans easily and efficiently anytime and anywhere

As your financial ally, Loan Mantra improves the future of human entrepreneurship through best-in-class technology, financial literacy and commitment to equitable market access. Our Mantra? Democratized lending for all. We make financing simple, painless and transparent so businesses grow and prosper. Connect with us at Loanmantra.com.