WE ARE PLEASED TO ANNOUNCE UNIVERSAL’S RECENT FRANCHISE DEAL WITH DUA OPTICAL
Universal Finance is pleased to announce a recent deal we closed that enabled two franchisees to launch an optical lab in Dallas, TX. The franchise owning company, Dua Optical Management, worked with Universal to obtain financing for Azeem Rehman and his wife Wajiha Jivani to build out their My Eyelab business, which is owned by Dua Optical.
According to an article on the My Eyelab website, after years of working in corporate management and consulting, Azeem and Wajiha are thrilled to have fulfilled their dream of business ownership. After financing was secured through Universal, the franchisees opened the new optical lab in September 2020.
As a dedicated single point of contact for individuals seeking loans to start a franchise business, Universal’s extensive experience in commercial lending gives us a unique edge when relating to small business customers who need a loan to buy a franchise. Universal is also the only lending company that appears on the All USA Franchises website, an online directory and resource for hundreds of nationwide franchise businesses.
“We are very excited to add Dua Optical Management to our portfolio of partners whose franchisees have secured financing from Universal,” said Dan Robinson, owner. “It’s always very rewarding for our team when we are able to help a franchise owner get the capital they need to launch their own business and achieve their dreams in doing so.”
As an experienced lender, the Universal team understands the economy and we appreciate the financial ebbs and flows that impact franchise businesses. Unlike a traditional bank, our lending decisions are based on more than just how a business looks on paper. We develop a complete understanding about who the customer is and what they have to offer. This approach solidifies our relationship with the companies that have secured funding through us to start a franchise.
At Universal Finance, it’s our belief that a franchise shouldn’t suffer because of under-funding.