< Frequently asked questions

What types of business owners does withco partner with?

We partner with strong business and franchise owners that have been operating one location for at least 2 years. We are very excited about partnering with growing businesses that are looking to expand their business footprint and real estate portfolio. 

For smaller operators, we follow the Small Business Administration’s (SBA) guidelines for what qualifies as a small business. An SBA loan is the  most common loan-type our partners take out following the end of their withco. SBA guidelines vary drastically by industry but consider both the business’s revenue and number of employees.

To be eligible for an SBA 504 loan, your business must:

  1. Operate as a for-profit company in the United States or its possessions
  2. Have a tangible net worth of less than $15 million
  3. Have an average net income of less than $5 million after federal income taxes for the two years preceding your application

Note that the SBA restricts lending to certain industries, and as a result, we cannot partner with the following types of businesses: 

  1. Marijuana
  2. Firearm industry
  3. For-profit prisons
  4. Payday loans
  5. Casinos / gambling
  6. Fracking
  7. Religious institutions