Responsible Financing with Benetrends By: Mike Minitelli This year, the spotlight shines brightly on responsible franchising, a movement heralded by my friend Aaron Harper, CEO of Rolling Suds Franchise. Aaron has been a vocal advocate for responsible franchising, emphasizing the importance of not just growing a franchise network, but doing so in a way that is sustainable, ethical, and beneficial for all stakeholders involved. However, at the heart of responsible franchising lies a critical component: responsible financing. It’s a concept we at Benetrends take seriously, understanding that the ..read more

FOR IMMEDIATE RELEASE 04/24/2024, Benetrends Financial Benetrends Financial and Franchise Business Review Announce Strategic Partnership to Empower Franchise Owners Lansdale, PA – Benetrends Financial, a trailblazer in franchise funding with over 40 years of experience, proudly announces its strategic partnership with Franchise Business Review (FBR), a leading market research firm in the North American franchise sector. Franchise Business Review is renowned for providing data-driven insights, ratings, and reviews to assist potential franchise buyers in making informed decisions. Its comprehens ..read more

Elevating Emerging Brands with The Power of SBA Financing Are you an emerging franchisor looking to take your brand to new heights? Curious about the option of Small Business Administration (SBA) financing and its impact on the banking landscape? Let’s explore the power of SBA financing for emerging brands. The Significance of SBA Financing SBA financing plays an essential role for emerging franchisors. It provides a safety net for lenders while empowering rising brands to secure the fundamental capital needed for growth. In an industry where risk profiles can be daunting, SBA financing stands ..read more

Benetrends and IFA Renew Preferred Vendor Agreement Lansdale, PA, April 9th, 2024 – Benetrends Financial proudly announces the renewal of its Preferred Vendor Agreement with the International Franchise Association (IFA) for another two years. This partnership underscores Benetrends’ commitment to providing innovative financing solutions to the franchise community, facilitating the entrepreneurial dreams of prospective business owners. Benetrends’ innovative funding solutions continue to offer individuals the opportunity to leverage business loans and retirement funds for business investment wi ..read more

Unlock Your Entrepreneurial Dream with Benetrends By: Mike Minitelli Are you ready to turn your entrepreneurial dreams into reality? As you embark on the journey of starting a new business venture, securing the necessary financing can be one of the most intimidating challenges you’ll face. From initial investments to ongoing operational expenses, the financial demands of entrepreneurship can seem overwhelming. However, with the right partner by your side, navigating the complex environment of small business financing becomes a seamless and straightforward process. That’s where Benetrends comes ..read more

Streamlining Your Path to Business Financing with Benetrends’ Innovative Tools In the dynamic landscape of business ownership, securing the right financing is a crucial step toward success. Benetrends Financial recognizes this need and simplifies this with two key tools, our funding calculator and co-branded materials. Navigating Pre-Qualification with Ease: The Benetrends Funding Calculator The Benetrends funding calculator is a straightforward and efficient pre-qualification form that integrates seamlessly into your business website. This user-friendly tool requires basic pre-qualification i ..read more

Beyond Bootstrapping: Leveraging Your Retirement for Business Success By Leo Verani Total Administration Specialist, Benetrends Financial Starting a business is an adventure that embodies the spirit of independence and innovation. But how you fund this venture can profoundly influence its journey. This brings us to bootstrapping – a term that harks back to the idea of “pulling oneself up by their bootstraps.” It’s a self-starting process where an entrepreneur relies purely on personal savings and the initial sales revenue to fund their startup, occasionally complemented by contributions from f ..read more

Navigating the Future of Small Business Financing: A Benetrends Perspective on the SBA’s 2025 Budget Proposal In an ambitious move reflecting its commitment to fostering small business growth and innovation, the U.S. Small Business Administration (SBA) has laid out a visionary blueprint for 2025. According to a recent article by Delaney Sexton for the Coleman Report, the President’s Budget for Fiscal Year 2025 earmarks a whopping $58 billion for key SBA programs, including the 7(a), 504, Small Business Investment Company (SBIC), and Microloan initiatives. This proposal not only highlights a 16 ..read more

Navigating the Path of Entrepreneurial Financing with ROBS: A Balanced Perspective In the entrepreneurial journey, financial wisdom is not just an asset; it’s a necessity. We will explore the domain of Rollovers as Business Start-Ups (ROBS), a strategy that connects retirement savings with entrepreneurial aspirations, guided by the principles of wisdom, fairness, and honesty. Be Wise with Your Investment Understanding the full scope of ROBS is essential for every prudent investor. While the prospect of funding your dream business without the penalties of early withdrawal is enticing, it’s vita ..read more

Why Buy and Business Trends in 2024 with Benetrends By: Mike Minitelli In 2024, the landscape of business ownership is evolving rapidly, presenting both challenges and opportunities for aspiring entrepreneurs. With technological advancements, shifting consumer preferences, and global trends shaping the marketplace, the decision to buy a business requires careful consideration and strategic planning. This is your guide through the exciting possibilities and trends in business ownership for the year ahead. Why Buy A Business in 2024 2024 presents a myriad of reasons why it’s an ideal time to emb ..read more