Guidant Financial Partners With MultiFunding To Provide Comprehensive Financing Solutions For Franchisees

BELLEVUE, Wash., Feb. 5, 2015 /PRNewswire/ -- Guidant Financial today announced an exclusive partnership with MultiFunding LLC, a loan advisory that helps existing small businesses secure capital. Guidant Financial's expertise helping entrepreneurs acquire businesses, combined with MultiFunding's proficiency delivering financing solutions for existing businesses will create a powerful suite of financing services for franchise systems.

Guidant Financial helps entrepreneurs get access to capital – via rollovers for business start-ups (ROBS), SBA loans, unsecured loans and portfolio loans, among others – to help entrepreneurs acquire and initially grow their businesses. MultiFunding works with existing business owners and franchisors who desire to inject growth capital, refinance debts and/or deploy working capital.

"This partnership will help us meet and exceed our goal of deploying $350 million in small business financing in 2015," said David Nilssen, CEO of Guidant Financial. "Guidant and MultiFunding have developed a seamless process for working with franchisees at various stages of their company's lifecycle. We've had great success through our initial tests to open stores and recapitalize those that need more 'runway.'"

"MultiFunding is helping small businesses obtain financing in a more intelligent, strategic way," said Ami Kassar, CEO of MultiFunding. "Together with Guidant Financial, we will provide more small businesses and franchisors with funding that works regardless of which stage of business they're currently in."

ComForcare Senior Services, which provides in-home non-medical and skilled care, and support to seniors, was one of the first franchise systems to have success with the partnership. Guidant Financial helped entrepreneurs purchase a new ComForcare franchise while MultiFunding provided necessary subsequent funding for already established franchises. 

"Working with Guidant and MultiFunding has allowed our franchisees to secure acquisition funding, refinance debt and recapitalize their business," said Phil LeBlanc, vice president of franchise development at ComForcare. "Whether helping an entrepreneur join our system or assisting an existing franchisee through the growth stage, it has already proven to be a huge benefit to have partners who are there to help throughout the various stages of business ownership."

Nilssen added, "Most companies focus on funding a franchisee's first location. We will be working with our franchise clients to help as they acquire their first store and then open more. We're fully aligned with the franchisees' need to grow profitably and the franchisors' need for overall system growth."

To date, Guidant Financial has helped 10,000 entrepreneurs in all 50 states to deploy nearly $3 billion in funding to start or acquire a small business or franchise. Similarly, MultiFunding has financed more than $115 million in small business loans in 37 states.

About Guidant Financial
Guidant Financial works with entrepreneurs to identify, evaluate and deploy intelligent business financing strategies. Their services include, but are not limited to, rollovers for business start-ups (ROBS), SBA loans, unsecured credit and portfolio loans. In 2015, Guidant pledged to deploy $350 million through small business and franchising. Visit Guidant on the web at guidantfinancial.com.

About MultiFunding.com
MultiFunding works with small business owners to help them become bankable. Focused on helping companies become bankable over time, MultiFunding works with small business owners nationwide to help them reach the point where they are bankable through an SBA-backed loan or another traditional bank loan. In its brokering division, MultiFunding has helped place over $115 million of small-business loans in 40 states. MultiFunding also publishes bankinggrades.com and visiblelending.com, a directory of short-term online capital providers.

SOURCE Guidant Financial

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