A franchise location, while tied to a national or regional brand, is still a small business. It is up to the franchisee to find the necessary capital to open and operate. When it comes to financing ...
Franchisees in search of financing have had it rough the past few years. But it's not all gloom and doom on the lending front. Recent numbers for SBA franchise loans--issued by banks but guaranteed up ...
As small business owners head to the end of the year and into 2026, many are facing renewed uncertainty, from economic ...
The SBA’s new SOP shifts more responsibility to lenders and requires stricter documentation on equity, collateral and eligibility. Franchisors must be listed in the SBA Franchise Directory by July 31, ...
Long-term business loans often approve higher amounts and longer repayment terms, but they might be harder to qualify for ...
The cost of buying into a franchise includes various components such as the upfront franchise fee, start-up costs for equipment and premises fit-out, inventory, and ongoing fees. Prospective ...
From rising food, labor and real estate costs to tightening of consumer spending, the challenges franchisors and their franchisees face is enormous. Adding to those challenges in 2024 is the issue of ...
SBA loans vs. business lines of credit: Which is best for small businesses? All businesses need funds to operate, but sometimes small businesses may need a financial boost to jump-start growth or get ...
Though broader economic factors have resulted in some uncertainty, franchisees large and small are still successfully getting loans from lenders. Dan Holland, executive vice president and senior ...
Rob Lancit, VP of Franchise Development at Stratus Building Solutions, is a seasoned entrepreneur with 30 years of franchising expertise. When purchasing a franchise, there are many factors and ...