The Property Franchise Group is launching a new bespoke lending facility to make it easier for franchisees to access funding for acquisitions and refinancing. 

TPFG says this directly addresses the historical challenges franchisees have faced in securing accessible and cost-effective funding. 

It says: “By leveraging the scale and strength of the Group, TPFG has been able to work closely with Barclays to create a tailored facility designed specifically to meet the needs and entrepreneurial ambitions of its franchise network.”

The new lending facility offers TPFG franchisees access to lending of up to £1.25m subject to standard lending criteria. The funds can be used for new business acquisitions or to refinance existing loans, with up to 70% Loan-to-Value (LTV) available. 

The deal, underpinned by Barclays, follows a successful pilot project with a number of franchisees from April this year. The results were broadly split between funding for new acquisitions and refinancing existing arrangements, including franchisor-provided loans.

Ben Dodds, TPFG’s chief financial officer, says: “Working with Barclays on this bespoke pathway represents a significant step forward – using the strength and scale of our Group to deliver real financial advantages for our network. We are delighted to now be able to roll out this facility to all franchisees, helping them to pursue acquisitions, refinance existing debt and ultimately accelerate their growth.”

Louise Jones, franchise business development manager at Barclays, adds: “We are proud to work with The Property Franchise Group to create this bespoke lending facility. By understanding the specific challenges and opportunities within TPFG’s franchise network, we have been able to provide a solution that helps open up access to funding. We look forward to supporting TPFG franchisees as they expand, refinance, and strengthen their businesses.”