Credit repair is a sketchy loophole.

It’s the real, legal process of cleaning up your credit report by:

• Fixing errors

• Challenging inaccuracies

• Rebuilding payment history

• Repositioning yourself for financial approval

And if franchise ownership is your dream?
Credit repair is your first power move.

Because most aspiring entrepreneurs get stopped, not by their ambition, but by a three-digit number on a report.

At ReWired Franchise Advisors, we believe your past shouldn’t disqualify your future.
That’s why we’ve helped people with shaky credit and limited capital take strategic steps toward franchise ownership - and succeed.

Here’s how to make that happen.

Step 1: Repair + Rebuild Your Credit

A strong credit profile is your yes waiting to happen. Whether it's securing funding or negotiating leases, this is your foundation.

The Landscape

• U.S. Average Credit Score (2024): 715
  

• Minimum to Qualify for Franchise Loans: 600+
  (Better scores = better terms)

Action Steps

1. Audit Your Credit Report
   Check for errors and dispute anything inaccurate.
   

2. Make Every Payment Count
   On-time payments are the fastest way to rebuild.
   

3. Keep Credit Utilization Below 30%
   Don’t max out your cards - show control.
   

4. Limit Hard Inquiries
   Too many applications signal risk to lenders.

Expert Resource: Sebastian Boyer, aka “The Approved Guy”

Sebastian helps aspiring franchise owners bounce back from financial setbacks and build loan-worthy profiles with a step-by-step plan.

Step 2: Start Building Capital (Even If You’re Not Ready Yet)

You don’t need a lump sum overnight. You need a plan to grow into your investment.

Side Hustles That Build Franchise Capital

• Average Side Hustle Income: $1,122/month
  

• Median Income: $200/month
  

• Top Hustles: Freelance writing, online tutoring, rideshare driving
  (Your time = your seed money)

Budgeting for Your Future

• Track Expenses: Know where your money goes
  

• Set Franchise Savings Goals: Automate where possible

 Explore Grants & Microloans

• SBA Microloan Program (2023):

  • $86.4M lent to 5,500+ businesses
    

  • Average Loan: $13,000 | Max: $50,000

• Perfect for early-stage franchise funding

Step 3: Think Partnerships, Not Just Solo Journeys

You don’t have to do this alone. Some of the best franchises are built by teams.

• 14.3% of U.S. small businesses are partnerships

• Pool skills. Share risk. Grow faster.

Your credit is a chapter, not the whole story

You might be staring at your credit score, thinking,
"I’m not ready."

Every franchise success story started with a financial hurdle.
What made the difference?
They didn’t stop at the obstacle. They asked: What can I do next?

✅ You can repair your credit.
✅ You can build capital over time.

✅ You can start from wherever you are.
✅ You can find the right partners and funding paths.

At ReWired, we build futures - with plans that work for real people like you.

Calvin & Rhonda McNeely
Franchise Advisors | Dream Builders | Real Talk