Strategic Alliance Brings Needed Financial Relief to Franchise and Small Business Owners
Keeping America's Small Businesses Moving
February 02, 2009 // Franchising.com // Southbury, CT - Pioneering a solution to the credit crisis facing America's small business owners, The Entrepreneur's Source has formed a strategic partnership with Guidant Financial Group, a premier financing firm. Together, they will make hundreds of millions of dollars available to help finance small businesses and help more Americans achieve their dream of business ownership. The co-branded funding program targets aspiring franchise owners and prospective and existing small business owners.
"We want to give the small business investor every opportunity to live a life filled with possibilities, options and dreams," said Terry Powell, CEO of The Entrepreneur's Source (TES). "This alliance will ensure that TES clients have the capital they need to get their businesses up and running to peak performance."
The business investment funding program adds to E-Source Coaches' arsenal of services for the aspiring entrepreneur. With this partnership, E-Source Business Coaches will not only help individuals find the right business to meet their lifestyle, goals, needs and expectations, but also assist clients through the challenging aspect of financing a new venture. Along with traditional small business loans, Guidant offers Debt-Free Financing, a product that allows clients to invest their 401(k) or IRA retirement savings to capitalize their new business.
The growth of small business is the bedrock of America's economic foundation, yet credit has been all but frozen for entrepreneurs. With trillions of dollars available in 401(k)s and IRAs, Guidant's innovative Debt-Free product frees up massive amounts of capital to invest in America's small business.
The new co-branded Preferred Financing Program, including Guidant's Debt-Free product, is now available to all TES clients. Over the next few months, the two firms will roll out a first-ever Pre-Approved Financing Program. This unique product will work similarly to a pre-approved mortgage; Guidant will provide TES clients a financing commitment at the start of the E-Source discovery coaching process.
"Guidant, the leader in innovative small business financing, is proud to partner with E-Source, the pioneer in franchise business coaching," said Stephan Roche, CEO of Guidant Financial Group, an INC 500 company headquartered outside Seattle. "We work hand-in-hand with E-Source Business Coaches to support the financing needs of each client. With this ground-breaking partnership, we help eliminate one of the most daunting obstacles for America's small business entrepreneurs," he added.
"This truly is a timely opportunity for Americans seeking career alternatives in this uncertain economy," said Powell. "Our new upfront approach to seeking funding for our clients will speed up the process and allow seekers, prospects and clients to open new businesses, bring financial security back into their lives, provide more jobs and dollars flowing through an already nervous economy," he added.
TES business coaching services are two-fold: 1) taking an individual through a well-defined Discovery Process to find the right franchise concept that matches their lifestyle desires and base of experience, and; 2) once they become business owners, help clients manage the challenges of growing a business to peak performance.
TES's Coaching Clients already benefit from another alliance with E-Myth® Worldwide, who together bring to the market co-branded business education tools called AIM and FAST- educational products and services that help aspiring franchise owners and existing franchise owners develop the strategic knowledge to launch a franchise business or take an existing franchise business to the next level of success. FAST gives prospective and current franchise owners the ability to understand how the franchise system aligns with the E-Myth Seven Centers of Management attention, and apply proven business systems used by successful business owners for the past 30 years.
About The Entrepreneur's Source (E-Source)
The Entrepreneur's Source is North America's leading career and Business Coaching Company dedicated to the entrepreneur with more than 220 offices in the United States and Canada. With its unique E-Source Coach Advantage, E-Source offers a full range of services to individuals seeking alternate career options and to franchise businesses looking to increase performance. Today, E-Source dominates the $1.5 billion dollar Business Coaching/Consulting franchise market in North America.
About Guidant Financial Group
Guidant Financial Group is a leading provider of start-up financing for America's small business entrepreneurs. Guidant offers an innovative, debt-free financing product called a 401(k) Rollover alongside more traditional funding products including SBA loans, signature loans, and equipment leasing, The 401(k) Rollover allows Americans to invest their retirement savings in their small business without paying any penalties or taxes. Since there are no interest or principal payments, entrepreneurs focus their scarce capital on growing their ventures. Today, Guidant dominates the 401(k) Rollover market, helping over 1,700 Americans start up new businesses in 2008 alone.
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