
Westpac to fund Pie Face franchisees
Pie Face franchisees will be able to borrow up to 40%-50% of the funding required for the business.
Pie Face and Westpac announced a new partnership to provide lending to new and existing Pie Face franchisees for the purchase and re-finance of Pie Face businesses.
The new agreement will allow Pie Face franchisees to borrow up to 40%-50% of the funding required for a Pie Face business, secured against the business, at preferential interest rates.
The new partnership will reduce the equity (cash or property) required for new Pie Face franchisees.