The most common forms of standard financing are bank loans and/or commercial leases. Any bank loan to start a new business will probably either have to be secured by your personal collateral (such as the equity in your home) or through an SBA guarantee program, and the banks may require both forms of security. Most new franchisees find that securing an open line of credit against their home equity is the easiest and least expensive form of bank financing available to them. Leases can also be a favorable option, since they are typically fast to procure and secured by the assets that are being leased (though they sometimes require a personal guarantee as well).