Can the closing fees for the First Capital loan be financed for an Aunt Millies Bakeries franchise?

According to Aunt Millies Bakeries's 2025 Franchise Disclosure Document, franchisees may be able to finance the closing fees associated with the First Capital loan. Specifically, the closing fees include 1/2% of the loan amount as an origination fee, plus a $350 loan fee. Both of these fees may be financed through First Capital.

This is a potentially significant benefit for new Aunt Millies Bakeries franchisees, as it reduces the upfront capital required to start the business. Instead of paying these fees out-of-pocket, franchisees can incorporate them into the loan and pay them off over time. This can ease the financial burden on franchisees during the initial phase of setting up their franchise.

It is important to note that this financing is subject to applicability and qualification, meaning that not all franchisees will be eligible. Franchisees must meet First Capital's credit requirements to qualify for the loan and the ability to finance the closing costs. Prospective franchisees should discuss these requirements with both Aunt Millies Bakeries and First Capital to determine their eligibility and understand the full terms of the financing agreement.