Owning a franchise can be a faster path to entrepreneurship, but securing the right financing is essential. From SBA-backed loans to traditional banks and alternative lenders, each route has distinct ...
The cost of buying into a franchise includes various components such as the upfront franchise fee, start-up costs for equipment and premises fit-out, inventory, and ongoing fees. Prospective ...
Franchisees in search of financing have had it rough the past few years. But it's not all gloom and doom on the lending front. Recent numbers for SBA franchise loans--issued by banks but guaranteed up ...
A positive development for franchise systems seeking to streamline the SBA loan approval process for their franchisees is coming this summer. The new version of the SBA Loan Origination Policies and ...
One of the biggest issues small business owners face is access to sufficient capital. Business owners who don’t research their options might end up depending on funds from sources that are impractical ...
In 2026, lenders are showing preference for franchisees with multi-brand experience, as they bring capital, operational expertise, and a history of working within franchise systems. Diversification ...
From rising food, labor and real estate costs to tightening of consumer spending, the challenges franchisors and their franchisees face is enormous. Adding to those challenges in 2024 is the issue of ...
Platinum Bank announced its year-end SBA 7(a) loan volume for the fiscal year ending September 20, 2024: approximately $67.5 million, originating $35.9 million of that in franchise loans. Platinum ...
Top 500 chains that operated their own restaurants generated more than three times the median sales growth as franchised ...