I believe there is a loan catering to franchise business. Can't recall.

Regarding this SME bank loan, you have a higher chance to get the loan if you have an existing business <-- being told by their bank officer

If you don't have any experience in handling any business, you can still apply but lower chances. if it was pre-approved, a mentor will be assigned to guide you on the business set up.

Also, you need to attend a class and get the cert in order to get the loan approval. Ask them about this class...