Screen Rescue secures full funding for new franchisees

Suffolk-based business Screen Rescue has become the UK’s first mobile windscreen and glass repairs franchise to secure 100 per cent funding from Startup Direct for new franchise partners.

Startup Direct will provide a personal loan of up to £25,000 to fund a Screen Rescue franchise business in any of its available territories. Partners planning on starting a Screen Rescue franchise business together will be eligible for a loan of up to £50,000.

Funding will cover all the elements of the Screen Rescue franchise package, including the special license fee, currently on offer at £12,000 plus VAT, and working capital requirements for year one.

New franchise partners will also benefit from a nominal fixed rate of interest at 6.2 per cent over five years, which guarantees easy-to-manage and affordable repayments for the duration of the loan, as well as no requirement to put down a deposit. Additionally, Startup Direct will provide 100 hours of free business mentoring worth £5,000.

Franchisee Jaime Hilario says: “We are delighted to be working in collaboration with Startup Direct.

“Securing government-backed funding from Startup Direct for new franchise partners is a true testament to the robustness of our franchise offering. This is an incredible opportunity for any individual hoping to run their own franchise business.”