For Existing Franchisees
How to become a Snap-on Franchisee

HOME

WHO WE ARE

WHAT WE OFFER
   Extended Credit
   Equipment Leasing
   Franchise Financing

• New Standard Franchises
• Gateway Franchise Conversions
• Expansion Franchises
  

  Initially acts like a credit line with low interest only payments. Once the interest only period has expired, the full repayment period begins.

  We can finance inventory, RA acquisition, franchise fee and computer software fee.
  
  Low down payments.

  RA development begins immediately interest-free for up to one year, then repayment terms are available.

We have three different Van Leasing programs:

• Program Vans - generally for new franchises. Manageable lease terms available with low initial investment.
• Upgrade Vans - for existing franchisees looking to get a bigger van. Longer terms are available at preferred rates.
• Used Non-Program Vans - for existing franchisees on vans that are normally too old to qualify for our other programs.

Finance inventory for your second van at a competitive fixed rate with flexible terms. RA acquisition and RA development loans are available upon request.

Finance the amount of money you need for your business at a rate you deserve with affordable terms.

• Short-Term Credit Lines - fast, convenient financing for tool shows and promotional products.
• Equity Line of Credit - credit line with flexible payment terms for Snap-on business needs. Variable rates based on Prime. Monthly invoice and no pre-payment fees.

• For approved franchises that are looking to grow their RA business, Snap-on will offer RA development.
• Once the RA developemnt cap amount is reached or the time limit has expired, SOC may offer a loan at a fixed rate and term.

Be sure to check out the Snap-on Credit Franchise Finance section at my.snapon.com for up-to-date information on all available financial products, including printable applications.