Buying a franchise can help entrepreneurs build a business and increase income, but many require an initial investment of over $250,000. For that reason, franchise financing is often necessary to get ...

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 SBA’s new SOP shifts more responsibility to lenders and requires stricter documentation on equity, collateral and eligibility. Franchisors must be listed in the SBA Franchise Directory by July 31, ...

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 ...

The number of franchises in the U.S. has risen by about 65 percent in just the past five years, and this segment of the small-business landscape represents a fertile area for loan growth that largely ...

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 ...