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Franchise normally have a solid business plan and history + can provide 3-5 years worth of financial for a similar store/location nearby.

1. franchise is a different type of lending....much easier if the right franchise is chosen and the right bank to fit that franchise. Each bank has their "preferred" franchise, broken into 3 groups ( gold/silver and platinum) A gold - LVR of around 55-60% and rate sub 6.3%...and platinum...

Not all...and you really need to neg on the rate and most importantly the TERMS of release ...given the loan size you wont have much neg power as well in terms of rate.

What we have done for some clients ( as not suitable for all) is to lock up the cash in a term deposit and use that as tangible asset..but the bank will only lend $ to $....so $50,000 in term deposit = $50,000 business loan... You might think why would we do that?? - Interest is claimable...

Pretty much the bank wont fund any part of the $100 as a normal business loan unless you apply for an unsecured business loan overdraft. Business loan needs to be secured against a tangible ( Physical res or comm) or non tangible asset ( Business or good will) In your case your tangible...

Start up business + not a lot of equity in your current property at 80% and no proven history...chance are slim...some bank may provide a business overdraft of $10,000- $15,000 but the rate is pretty much credit card rate if it's unsecured (business has no value to secured against) - no diff...

The answer will depend on 1. Are you buying an existing business or starting from scratch? 2. Will you BOTH be working from this shop straight away or will one of you be working else where ( payg etc..) 3. Your age/experience and asset VS debt level 4. Leasing or buying the shop as well...