| The International Franchise Association has made owning a franchise operation more affordable for veterans with the Veterans Transition Franchise Initiative known as "VetFran". The program allows veterans to acquire a franchise with a down payment of 10 percent or less of the initial franchise cost, which generally ranges from $45,000 to $150,000 for a small business. |
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Express Employment Professionals is an active participant in the VetFran program, offering a 25% reduction in our franchise fee to military veterans who qualify for an Express franchise.
Currently, VetFran is limited to franchises with initial investments up to $150,000, the maximum loan amount on which the SBA offers 85 percent loan guarantees.
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