North American-based franchise the Interface Financial Group (IFG), which provides working capital directly to small businesses, has expanded its brand into Ireland.

The company has entered the Irish market at a time when many SMEs face an uncertain future. According to IFG this has led to its franchise owners seeing an expanding market for alternative finance solutions.

Founded in 1972, IFG now has over 150 franchises on four continents and its franchise approach has received World Class Franchise certification from the Franchise Research Institute six years in a row, based on an annual survey of over 75 per cent of IFG franchise owners.

Franchises are available for a one-time cost of €30,000 with franchise owners then employing their own working capital. The initial franchise cost includes full training and a comprehensive start-up programme supplied by IFG, with further support and ongoing assistance for the franchise term.

Paul Teahan, the IFG Area Developer for Ireland encompassing both the Republic and Northern Ireland, said: “More than ever, small businesses need quick access to cash, but many companies find it hard to get the help they need from established banks and financial institutions.

“Our model is unique for a business of this kind, as it allows clients to use our services on an ad-hoc basis. Consequently franchise owners have the freedom to take on as much or as little work as they feel comfortable handling, and the flexibility to control their own workload.”