The SBA Franchise Directory is officially back online from June 1, 2025, and with it comes a series of critical updates for franchisors and franchisees discussed in the virtual briefing
Continue Reading Franchisors, Take Notes: New Developments and Compliance Process for the 2025 SBA Franchise DirectoryA 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
Continue Reading Get Ready! SBA Franchise Directory Returning on June 1st
Need and speed can be a dangerous combination. Just ask Peter “Maverick” Mitchell. That’s a lesson that lenders and borrowers are discovering with CARES Act Payroll Protection Program (PPP)
Continue Reading A Rough Roll-Out for Payroll Protection Loans
On April 3, 2020, banks commenced taking applications for the Small Business Administration’s (“SBA”), Paycheck Protection Program (the “PPP”) loans, as provided in the Coronavirus Aid, Relief, and Economic
Continue Reading (Some) Good News: SBA Guidance Mostly Exempts Franchises from Affiliation Rules for Paycheck Protection Act Loans
There’s a big insurance company that uses the tag line: Life Comes at You Fast. I sure feel that life is coming at me very fast in this Brave New
Continue Reading The CARES Act and Small Business Administration Loans
Many franchisors have experience with the U.S. Small Business Association (“SBA”) as numerous franchisees utilize the SBA’s loan programs for small businesses. Previously, franchisors could send an application to the
Continue Reading Are You Aware of the Recent Revisions to the SBA Loan Process for Franchised Businesses?
Each time franchisors update their franchise disclosure documents (“FDD”), they have a choice: whether or not to include financial performance representations (“FPR”). A new bill introduced by Representative Keith Ellison
Continue Reading Making SBA loans safer for franchisees…by mandating FPR’s?
The US Small Business Administration (SBA) has announced that their loan programs have posted the second largest dollar volume ever in fiscal year 2012, such programs supporting $30.25 billion in
Continue Reading 2012 Annual SBA Loan Volume Second Highest Ever
I recently attended a Meet the Lender’s Networking Reception hosted by the recently launched Philadelphia Chapter of the International Franchise Association’s Women’s Franchise Network
The reception was designed to
Continue Reading Experts: Lending Market for Franchising Improving But Still Not All the Way Back