Can I Use Retirement Funds or an SBA Loan for Voda?

This page gives a general overview, not tax, legal or financial advice. For the full picture of financing options, see how do I pay for a restoration franchise?

How much do I need, and how much might be financed?

Opening one Voda territory has an estimated all-in investment of $209,394 to $379,608, including the $59,500 initial franchise fee (2026 FDD, Item 7, as amended November 10, 2026). Voda looks for $75,000 in liquid capital and a $250,000 net worth.

Most owners combine their own cash with financing. The part not covered by your own cash is often covered by an SBA loan, a retirement-fund rollover or both. See the line-by-line breakdown on our franchise cost page.

How does an SBA loan work for a Voda franchise?

An SBA loan is a bank loan partly guaranteed by the U.S. Small Business Administration. The bank is the lender, and the SBA backs part of the loan.

Voda is on the SBA Franchise Directory; approval depends on the lender and your qualifications. Lenders usually ask for:

• Cash you put in yourself, often part of the $75,000 liquid capital.
• The FDD and franchise agreement. Voda’s SBA directory listing helps here.
• A business plan. Your coach and Voda’s materials help you build it, using Item 7 of the FDD for start-up costs.
• Your credit history and a personal financial statement.

Approval, rates and terms depend on the lender and your own financial profile.

How does using retirement funds work?

In general terms, a rollover arrangement (often called ROBS) lets money from a 401(k) or IRA fund a business without an early-withdrawal tax. Many franchise owners use this approach. It’s set up through a specialist, and the structure has its own tax and legal requirements.

Because it involves your retirement savings, it’s important to get advice from a qualified advisor, such as your own tax professional, before you move any money. They can explain whether it fits your situation, what ongoing requirements come with it, and the risks of putting retirement savings into a business.

Voda can’t tell you whether to use retirement funds. That decision belongs to you and your advisor. What we can do is introduce you to Benetrends and answer questions about the franchise itself.

What does Benetrends do, and can I combine options?

Benetrends is Voda’s preferred financing partner. It helps owners combine SBA loans and rollovers into one funding plan. Ask about Benetrends on your intro call. Voda itself does not offer financing (2026 FDD, Item 10), and the terms of outside financing depend on the lender, your credit and your collateral (Item 7), so compare Benetrends with any other lenders you are considering.

You can also combine options. Owners often combine their own cash with an SBA loan, a retirement-fund rollover or both. Other options include bank or private loans and home equity. For traditional borrowing, lenders look at credit, experience and your plan.

Voda also welcomes E-2 investor visa candidates. Your immigration attorney advises on the visa itself.

How do I start the financing conversation?

• Book an intro call and ask for the FDD. Items 5 to 7 cover the initial fees and start-up costs.
• Talk with a qualified advisor about your retirement savings and taxes before deciding on a rollover.
• Speak with lenders or Benetrends about an SBA loan or a combined plan.
• Build your business plan with help from Voda’s materials and your coach.

Lenders often ask about expected performance. Financial performance information is in Item 19 of our Franchise Disclosure Document, which we review with you during the process. For quick answers on fees and qualifying, see our FAQs.

Ready for the next step? Check whether a Voda territory is open near you or book an intro call with our franchise development team.