Finance Your Dream Franchise Or Dealership With A Gold Loan

Want to finance your franchise or dealership? Turn to gold loan to finance your dream franchise business with extra perks. Visit to know more details!

24 Aug,2022 09:13 IST 1083
Finance Your Dream Franchise Or Dealership With A Gold Loan

A franchise or dealer is a business structure in which one organization (franchisor) licenses the rights and authority to sell and grow a business to another provider (franchisee). This business type is a common strategy often considered a wise approach to business expansion.

One of the best examples of the franchise business model is the fast food chain: McDonald’s. Other examples include Khadims, Reebok, Audi, and many more. However, the dealership requires a tremendous initial investment in the business.

Therefore, apart from raising funds to acquire the franchise, you should consider providing budgets such as working capital, employee wages, and incidental costs before you start your business. The sum of these expenses is the total amount you will need when seeking a franchise loan.

Financing Your Franchise Business

Surprisingly, many Indian franchisees say this is their first business venture. These efforts are rewarding as the younger population is more likely to accept foreign business practices. From food chains to footwear to car brands–you could dream of opening any franchise or dealership business.

Additionally, the availability of franchise finance has made it easier than ever to acquire and maintain a franchise business. Various loan types, including gold loans, provide a large amount of money for the pledged gold. The gold loan interest rate is also reasonable and allows borrowers with the most flexible terms.

These loans offer borrowers several benefits, including easy access, secure transactions, and flexible repayment periods that allow you to repay your debt without financial burden. Therefore, it helps collect the necessary financial security without diluting the asset’s capital.

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Gold Loan For Franchise Or Financing

A gold loan is one of the best options to finance your franchise or dealership dream. Gold loans have the following advantages over other kinds of loans:

1. Quick Disbursals

One of the most prominent advantages of a gold loan is that it is quick and hassle-free. All the documentation processes and approval can be conducted online. After you apply online, a representative will visit your residence to complete the KYC registration and check the gold valuation. If the application is well-filled, the loan can be approved instantly.

2. High Loan-to-value (LTV)

The LTV or Loan-to-Value Ratio determines the ratio of the maximum loan that a lender can offer to you. The gold loan value depends on the loan-value percentage provided by the lender, the purity, and weight of the pledged jewellery.

Apply For A Gold Loan For Your Franchise Business With IIFL Finance

IIFL Finance is a leading gold loan lender. Since its inception, it has achieved a hassle-free experience for various gold loan borrowers. We have successfully provided gold mortgage loans to 6 million satisfied customers who received their funds effortlessly.

IIFL offers competitive interest rates and flexible repayment terms for short-term gold loans. We also ensure the safety of your collateralized physical gold until the repayment of the required amount. There are absolutely no additional costs for the redemption of your gold mortgage. If you have any questions, you can contact our 24-hour customer service team via phone or live chat.

Getting a gold loan has never been easier! Walk into any of our branches pan India, fill out an e-KYC and get your loan approved in under 30 minutes.

Frequently Asked Questions

Q.1: What is a gold loan?
Ans: A loan against your valuable gold in any physical form is known as a gold loan. Here, your gold is the collateral for your cash needs.

Q.2: Why is a gold loan a good option for financing a franchise business?
Ans: A gold loan offers flexible repayment terms, reasonable interest rates, high loan-to-value, and quick loan disbursals.

Get Gold Loan at the comfort of your home
Apply Now

Disclaimer: The information contained in this post is for general information purposes only. IIFL Finance Limited (including its associates and affiliates) ("the Company") assumes no liability or responsibility for any errors or omissions in the contents of this post and under no circumstances shall the Company be liable for any damage, loss, injury or disappointment etc. suffered by any reader. All information in this post is provided "as is", with no guarantee of completeness, accuracy, timeliness or of the results etc. obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance, merchantability and fitness for a particular purpose. Given the changing nature of laws, rules and regulations, there may be delays, omissions or inaccuracies in the information contained in this post. The information on this post is provided with the understanding that the Company is not herein engaged in rendering legal, accounting, tax, or other professional advice and services. As such, it should not be used as a substitute for consultation with professional accounting, tax, legal or other competent advisers. This post may contain views and opinions which are those of the authors and do not necessarily reflect the official policy or position of any other agency or organization. This post may also contain links to external websites that are not provided or maintained by or in any way affiliated with the Company and the Company does not guarantee the accuracy, relevance, timeliness, or completeness of any information on these external websites. Any/ all (Gold/ Personal/ Business) loan product specifications and information that maybe stated in this post are subject to change from time to time, readers are advised to reach out to the Company for current specifications of the said (Gold/ Personal/ Business) loan.

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