Royal Bank Of Scotland Assists New Franchisees

8th December 2009

Frazer Fearnhead, CEO of The Video Inventory Agency says, "We have had a phenomenal response from the Franchise Expo site already and are currently talking to around 30 potential franchisees. Although our franchisee start up fees are very reasonable at just £3500, franchisees will also need some working capital, so the offer from RBS to fund our successful applicants is extremely positive news both for us and those that are keen to take advantage of this highly lucrative opportunity but do not have sufficient capital of their own. It is also a very positive reflection on our business model that RBS are willing to make unsecured loans to our franchisees."
RBS have also agreed to include 2 years free business banking for all TVIA franchisees.