£25,000 funding on offer to all entrepreneurs who franchise with HomeXperts
Franchisees joining the estate agency chain will also receive 100 hours of free business mentoring and access to business loans through StartupDirect
Property franchise brand HomeXperts has announced that it has secured 100% funding from government-backed StartupDirect, which will now offer up to £25,000 funding to all new franchisees who join the chain.
The funding is offered to cover the initial franchise fee and first year’s working capital for new HomeXperts businesses. Couples who opt to launch a franchise together will be offered up to £50,000.
StartupDirect is also providing new HomeXperts franchisees with 100 hours of free mentoring and business support, as well as access to deposit-free business loans at interest rates of 6% per annum.
Established in 2009, HomeXperts is an estate agency franchise which sells and lets property through its network of home-based franchisees.
Over the last month, a record high of just under 400 entrepreneurs joined the chain to become franchisees, and the brand was shortlisted for workingmums.co.uk’s ‘Supportive Franchisor’ award.
Sussanne Chambers, managing director at HomeXperts, said: “It’s fantastic to be recognised for the exceptional support we deliver to our franchisees.
“This is credit to our dedicated central support staff who work tirelessly to give our Personal Agents everything they need to start and maintain a business.”