Paul Shipley, Franchise Manager of Envirocare has announced Envirocare will offer to it’s first 10 Franchisees exclusive terms including a reduced initial Franchise Fee of £34,400 + VAT (representing a discount of 20%) and access to funding that would require Franchsees to pay an initial deposit of £10,000 and payment of the balance, without application of interest, over a period of 36 months to Envirocare, thus removing the need to obtain funding from a bank. Commenting on this announcement Paul Shipley said the terms we’re being offered to help establish the Franchise Network in response to need of the business to deliver it’s services to a rapidly expanding client base across the UK.
He added future Franchisees would not be offered these terms and if funding was required would need to approach the Banks with whom he emphasised Envirocare have good working relationships reflected in their willingness to lend up to 70% of the initial cost of the franchise and working capital.