Some 580+ SBA lenders attended last week’s NAGGL Spring Conference in Salt Lake City, and the FRANdata team was on hand to learn the latest in SBA lending and gauge how some of the largest franchise lenders are feeling about the current lending environment. From evolving credit risk concerns and policy clarifications to upcoming SOP […]
During the most recent SBA Quarterly Call—attended by over 3,700 lending and franchise partners—U.S. Senator Kelly Loeffler and Associate Administrator Thomas Kimsey outlined the policy rationale and urgency behind SOP 50 10 8. SBA’s 7(a) program, now in its 70th year, is experiencing a rapid transformation. For the first time in over a decade, the […]
The Small Business Administration (SBA) is finalizing major policy updates that will have a direct impact on franchise financing. These changes — taking effect with the release of the new Standard Operating Procedures (SOP) on June 1st — will reshape the eligibility process, how brands are listed, and what franchisors must provide to maintain SBA […]
Rising costs, SBA rule changes, and a more cautious lending environment are converging to create real challenges in franchise financing. Access to capital is getting more complex—and your franchisees may soon feel the effects. At a recent lender conference, where close to 400 SBA lenders gathered, it became clear that lenders are tightening their credit […]
In today’s competitive franchise landscape, mastering the franchise development pipeline is critical for franchisors and suppliers alike. Franchise development is at the core of any growth strategy, and the difference between average and exceptional growth in the franchising world can be staggering. In 2023, the average franchise brand opened three new units, while the fastest-growing […]