Franchising research firm Frandata established its Franchise Registry nearly 30 years ago, and with an evolving lending landscape, it provides another option for franchisors to validate themselves to lenders.
Frandata President Edith Wiseman said the firm’s registry provides a comprehensive amount of information to the lending community. Wiseman said franchise brands that have been in the company’s database are automatically added to the registry, but noted franchisors can become verified members, which allows them to add documents and control what’s included in their listing. The cost of a membership ranges from $750 to $1,500, depending on the size and age of the brand.