Recently, the Wall Street Journal featured a detailed piece about the world of franchise financing in their focus on franchising section and asked our President, Candice Caruso to share her expertise with their readers.
The article showcased the changing climate of franchise financing, acknowledging how the once loan-heavy industry — which is still predominantly funded by traditional bank loans — is shifting to embrace alternative funding options. It also recognized that shift as now providing entrepreneurs with more power and control of their business future.
As a leader in providing small business funding solutions, Pango recognizes the importance of informing entrepreneurs of all the options available for small business funding, and what better way to voice that than being validated by the Wall Street Journal. Candice had this to say, “Some people look at retirement rollovers as a short-term means to start a business,” she says. We are in it for the long haul, and help our clients set up profit-sharing or 401(k) plans that will comply with government regulations and incentivize their employees to stay, by offering an attractive employee benefit.”
Plus, our client Tim Mackin of FirstLight HomeCare had wonderful things to say about his experience with Pango Financial. Give it a read, and learn about the world of franchise financing.