Over 9,000 lenders subscribe to the Franchise Registry, many of whom rely on FRANdata’s FUND Scoring system as the primary consideration to determine which franchise brands to work with and what loan terms to offer. Lenders with over a trillion dollars of assets rely on the FUND Score to assess credit risks. To understand how […]
FRANdata and Franchise Update Media wish to congratulate the two #TOP$CORE FUND awards recipients who were announced at this weeks Franchisor luncheon at the Multi-Unit Franchising Conference. One was awarded to Zaxby’s for the food category and another to Urban Air Trampoline Park for the non-food category. The 2019 #TOP$CORE FUND award is given to […]
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 […]
Somewhat buried in a recent SBA information notice footnote (5000-180007 Updated Lender Portal), was the announcement of new PARRiS flags which will closely monitor start-up loans, small loans, export loans, and loans to hotels. These SBA-issued new risk-monitoring rules are meant to help SBA determine whether to conduct a lender audit. The new PARRiS flags […]
In my more than 15 years of Commercial/SBA lending experience, I have gained some valuable insights in helping others to start and expand their businesses as a lender. They relate well back to some very wise sayings I have heard throughout my life. The 5 things new borrowers need to know will be structured around […]