Thank you for your question, and thanks for using JustAnswer.com
She may not be able to use her home as a collateral on a direct business loan, but she could be able to take out a home equity line of credit that you could use to get the funds for the franchise fee
Her income is still $120,000 per year, even though she's not working and since she has equity in her home I don't see it as being a problem.
She will likely have to do this on a personal level - it won't be a business loan, but rather a mortgage product.
But, I don't see this being a problem given her income and equity
Do you have any further questions?
If not, please rate as "excellent" so that I may receive credit for assisting you today