BANK FINANCING
If you are seriously considering purchasing a Jamaica Blue café franchise business and you are looking into your financing options, Jamaica Blue makes it easier for you with bank accreditation at the following banks in Australia: Commonwealth Bank, NAB, and ANZ.
HOW DOES JAMAICA BLUE’S BANK ACCREDITATION HELP ME OWN A CAFÉ BUSINESS?
Most banks will lend money to future café franchise owners based only on their tangible assets such as equity in a house, cash or shares as a means of securing the business loan, in what is referred to as secured lending.
As Jamaica Blue is an accredited franchisor, a bank may also allow a potential franchise owner to borrow against the inherent or perceived value of their future café business as well, referred to as
unsecured lending.
With bank accreditation, Jamaica Blue gives you the opportunity to more easily secure the bank loan you may require to open your future café business. For example, if the café business you’re interested in costs $300,000 and you have $150,000 equity in your house, the most a bank will lend you is $150,000. But when structuring a business loan with an accredited franchisor like Jamaica Blue, a bank has the option to lend additional money up to the value of the secured assets.
HOW DID JAMAICA BLUE OBTAIN BANK ACCREDITATION?
In general, obtaining financing for a Jamaica Blue café business takes approximately 12 weeks from start to finish. Whilst this is happening, all the necessary Jamaica Blue applications, checks and
processes are running concurrently to the finance applications. This means you won’t be waiting for one to complete before the next one starts.
STEPS TO FINANCING
What you will need: A good understanding of both your financial situation, and the financial parameters of the business you’re looking to finance when you go and see the financial institution.
Financial situation: A copy of your bank accounts, mortgages and any loans, credit cards and other financial arrangements you have.
Financial parameters: How much are you looking to borrow? How much do you project the business will turnover? What ROI are you projecting?
FREQUENTLY ASKED QUESTIONS
How much do I need to have for an initial investment?
Usually $150K – $200K in accessible assets (including but not limited to) equity in the home, savings, cash, shares.
How do I get business financing?
Simply ask the Jamaica Blue Development Manager in your state to put you in contact with the relevant bank contact.
What options are available?
Ask the bank what is best for your individual situation.
Own a Jamaica Blue café franchise business
Built on the foundations of fine coffees and fabulous food freshly prepared on site, Jamaica Blue offers you the chance to own and run an award-winning café brand.
Own a cafeSUBMIT AN ENQUIRY
The enquiry form below is for Franchise Partners who wish to purchase a Franchise. If you wish to apply for employment in one of our cafés, please click here.
Frequently asked Questions
How do I find my nearest Jamaica Blue?
Use our store locator to find your nearest Jamaica Blue. https://www.jamaicablue.co.nz/store-locations/
Are you able to provide catering for events?
Please ask your local Jamaica Blue if they offer a catering menu.
Why do your prices vary across stores?
At Jamaica Blue cafes, we purchase fresh, local ingredients to create our dishes. Depending on the location of our cafes, will depend on the price of ingredients, which is why our prices vary from store to store.
International stores
Please find our international website links below. Australia – https://jamaicablue.com.au/ UAE – http://www.jamaicablue.ae/ China – http://www.jamaicablue.com.cn/ Malaysia – https://www.jamaicablue.com.my/ UK – https://www.jamaicablue.co.uk/
Do you sell your coffee beans?
Yes, jump on our website and purchase our Jamaica Blue coffee beans online. https://jamaicabluenz.myshopify.com/
Are there any opportunities available for new franchise stores?
Our café franchise business model allows Jamaica Blue to be flexible and creative with our different café formats, from fully licensed café businesses and inline cafés to kiosks that all operate successfully within residential areas, commercial towers, shopping centres, airports and hospitals. View available locations here.
How do I find my nearest Jamaica Blue?
Use our store locator to find your nearest Jamaica Blue. https://www.jamaicablue.co.nz/store-locations/
Are you able to provide catering for events?
Please ask your local Jamaica Blue if they offer a catering menu.
Why do your prices vary across stores?
At Jamaica Blue cafes, we purchase fresh, local ingredients to create our dishes. Depending on the location of our cafes, will depend on the price of ingredients, which is why our prices vary from store to store.
International stores
Please find our international website links below. Australia – https://jamaicablue.com.au/ UAE – http://www.jamaicablue.ae/ China – http://www.jamaicablue.com.cn/ Malaysia – https://www.jamaicablue.com.my/ UK – https://www.jamaicablue.co.uk/
Do you sell your coffee beans?
Yes, jump on our website and purchase our Jamaica Blue coffee beans online. https://jamaicabluenz.myshopify.com/
Are there any opportunities available for new franchise stores?
Our café franchise business model allows Jamaica Blue to be flexible and creative with our different café formats, from fully licensed café businesses and inline cafés to kiosks that all operate successfully within residential areas, commercial towers, shopping centres, airports and hospitals. View available locations here.
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