Sterling-Bond Escrow Banking & Merchant Account company launches new service for franchise industry.

If you're a business planning to launch or expand your franchise network, or you're a sole trader looking to buy into a new or existing franchise then UK Escrow finance company Sterling-Bond can help and protect your finances, protect your business and increase your cashflow.

Like any new venture a franchise operation entails risk. These risks include successfully evaluating the level of interest in a particular franchise when a new network is being launched by an operating company, and evaluating the worth of the network when one is being bought by a prospective franchisee. Sterling-Bond have a unique escrow merchant account for franchisors to offer to their franchisees as reassurance of trust and worth during the early days of a new operation.

Their banking escrow service acts on behalf of both sides in a franchise investment by taking and holding deposits and full payments for franchisors until they've delivered the full franchise package to the customer as per contract. The benefits for both sides are enormous - a company now has the ability to take more deposits from prospective franchisees in advance of a launch knowing that deposits are safer than going directly into the pockets of the franchisor. The franchisor can show investors and other financial backers the level of interest from the deposits being held in their escrow account, but that money is not at risk if they fail to deliver on their promises. Franchisees are reassured that their money is safe and they can reserve their option on the franchise as quickly as possible.

Full details for the escrow and franchise services can be found at Sterling-Bond's web site, www.sterling-bond.com, along with an informative article about the issues of risk faces by any small trader. These include a case study of one couple who lost thousands when they bought small shop only to found it was not worth what they were told. Without escrow behind them they had no other option than to accept the losses.

Sterling-Bond's escrow merchant account services were originally developed to serve the major import/export trade, protecting the interests of international traders when dealing with high risk clients and remote parts of the world. The service has evolved into a wide range of applications for secure financial transactions, including heavy industrial projects, the film industry and franchise industry. The company was founded by independent business and finance consultant Michael Bond to bring greater trust and security to all forms of trade. They now have a network of agents around the world to assist business in making full use of their escrow merchant accounts for all forms of secure trade.

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For further information see: Sterling-Bond.com




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