As the various pandemic-related government aid programs wind down (PPP, Restaurant Aid, Venue Operators Assistance, etc.), the SBA is expecting that borrowers will not be able to pay their loans and bank portfolios will not look as healthy as when they had the programs as support. In order to offset these impending defaults, the SBA […]
Austin, T.X., March 11, 2019 – Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for community financial institutions, today announced its partnership with FRANdata, an industry leader in strategic analysis, forecasting, and measuring of franchise performance operations. FRANdata, headquartered in Arlington, Va., is the only company with access to verified information […]
It is easy to discredit “new” brands in franchising, but there are advantages to understanding this group of franchise go-getters. Over the last 5 years, these emerging brands have added new units by 75% compounded annually, from 800 locations in 2012 to over 8,000 in 2016. No, not all new concepts make it, but when they […]
Why Should You Care? If your franchisees or prospects need financing, you should care. The SBA Directory helps lenders check if a brand CAN obtain SBA financing, while the Franchise Registry is utilized by lenders to see if brands SHOULD obtain financing. We use the umbrella term “lenders” but, in reality, a loan […]
This quarter’s New Concept Report — includes 84 new brands with 300 executive contacts. Overall, there continues to be a quantity of health focused concepts – either healthy food or some kind of alternative health/medical centers. There is a growing trend of stem-focused childhood education brands and Asian inspired QSR. We were also happy to […]