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 […]
On October 13, 2017 the SBA released a policy notice regarding their franchise SOP that takes effect January 1st 2018. FRANdata has long served as the franchising gateway to the SBA and we are pleased that they will be utilizing a similar structured approach to many of the franchise affiliation and business eligibility solutions in […]
We’ve been keeping you up to date regarding the pending changes at the SBA related to its lending processes for franchise businesses. This week, the SBA formally announced its new Standard Operating Procedure and provided access to the new standard addendum. The new SOP 50 10 5 (i), which will be effective January 1, 2017 describes […]
Franchise Council of Australia Partners with FRANdata’s Australian Franchise Registry The Australian Franchise Registry achieved another significant milestone this week announcing a formal strategic and business partnership with the Franchise Council of Australia (FCA), the main representative body for the franchise sector in Australia. FRANdata will align with the FCA to work collaboratively in providing a […]
If it’s on the internet, it must be true. While we chuckle at that statement, we also know the dark side that the internet exposes. There is much more misinformation than information floating around the franchise universe. While it is easy to disregard the misinformation for what it is, it is hard to do so […]