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Snap-on introduces ‘help to buy’ scheme

Published: 06 October 2016

Professional tools manufacturer and distributor Snap-on has introduced its own in-house bank to help franchisees with funding.

Snap-on Finance is a government-approved system that offers business loans to successful candidates.

Franchisees pay a fee of £16,037, which can be paid in fixed, regular payments, and Snap-on will fund the remaining monies. Snap-on offers all candidates a payment break during the first three months of the business launch.

Lisa Law, Snap-on’s national franchise manager, said: “We believe that everyone has the right to achieve their dream of being their own boss, which is why Snap-on Finance offers business loans to fund the purchase of your franchise.

“We’ve got the utmost confidence in our franchise; we know you can make the business a success, pay us back in full and make a profit.”

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Business Franchise magazine is the official publication of the British Franchise Association-supported Franchise Exhibitions.

From newly launched franchised businesses to opportunities for potential franchisees, Business Franchise magazine is the unmissable guide for anyone looking for their first or next franchise adventure. Featuring an invaluable A-Z directory of franchisors, in-depth articles and important updates from the franchise industry, it provides hot-off-the-press franchising news, advice and essential information.

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