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 ...
Franchising may be an enticing opportunity for entrepreneurs, but finding funding can be complex. Through the Small Business Administration (SBA), there are options, including SBA 7(a) loans and SBA ...
The debt component of the purchase price for a franchise typically includes a large syndicated term loan in addition to a revolving credit facility for ongoing working capital needs. A revolving ...
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 ...
The current wrangling over U.S. Small Business Administration loans may seem abstract. But consider the plight of Amanda Purser, an SBA loan closer for Yadkin Bank in Charlotte, North Carolina. "I’ve ...
On May 11, 2023, the United States Small Business Administration will eliminate the SBA Franchise Directory, a move that may impact evaluation of franchise loans by some lenders. The change comes from ...
In theory, getting a loan for a franchise business should be easier than financing a new startup. You have brand recognition, a proven track record and hard data on your side. But even when armed with ...
New leaders at the United States Small Business Administration are implementing a number of lending rule changes, reversing decisions made during President Joe Biden’s term. Notably, the SBA will ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Notable brands like Baskin ...
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 ...
A franchise is a type of license that allows a franchisee to operate a business using the franchisor's trademarks, branding, and business methods. The franchisor provides the framework for business ...
SUMMARY First Internet Bancorp reported mixed Q1 2025 results, with strong revenue growth tempered by credit issues in franchise finance and small business lending. It uses both GAAP and non-GAAP ...