The Small Business Administration (SBA) has recently announced significant changes to how it deals with franchise lending, signaling its departure from the messiness of franchise oversight and eligibility. These changes aim to simplify and expand the program, aligning it with the success of the Paycheck Protection Program (PPP) that provided loans to small businesses during […]
FRANdata has been championing franchise lending for more than 15 years. Aside from speaking to hundreds of Franchise Registry lenders members, we also go to several lender conferences every year, updating lenders on the outlook for franchising and the soundness of the business model while getting to the pulse of franchise lending straight from the […]
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. What is the difference between the SBA Directory and the Franchise Registry? We use the umbrella term “lenders” but, in reality, a loan does not pass through […]
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 […]