Read why our clients love FRANdata
During our most recent FDIC examination, the examiners noted that we had built up a concentration in preschool franchises within our SBA portfolio. When a concentration exists within the portfolio, the regulators want to insure that the Bank is taking extra steps to not only identify and report the concentration, but to inform itself and the Board on the risks associated with the industry in general and the franchises in particular. We have made loans to Goddard, Kiddie Academy and The Learning Experience that make up the bulk of that concentration. The FDIC examiners were impressed that we had purchased the Fund Reports for those franchises. Further, the examination report stated that the Fund Reports were evidence that the Bank was properly monitoring the risks within that portfolio concentration.
As a lender, it's a huge relief to find a Bank Credit Report on the Franchise Registry for a brand we are considering working with, as it shows us the franchisor is very serious about supporting their franchisees when it comes to financing. The BCR helps us determine if a franchise meets our criteria and is a brand we want to do business with.
Our Franchise Registry membership gives me a peace of mind! FRANdata’s team is always available to talk with lenders that contact me with questions regarding financing for our franchisees. Their immediate support helps to ensure financing is not held up!
The team at the Franchise Registry helped solve financing hurdles for our entire franchise system. They deliver results with great service!
Frandata is my go to company for franchisee lists and info! They are straight forward, helpful and genuinely concerned about my success! I have been pretty demanding and without question Frandata has been patient and perceptive to my needs. I have been his customer for years because the information I get from Frandata works! Brett Larrabee Toppers, Famous Daves and Toast Cafe
Can't thank FRANdata enough for your quick response this morning. You always make us look so good in front of our clients!
FRANdata’s webinars are excellent and I really appreciate them. I use them for my own educational purposes, especially since I am usually the one dealing with the banks and their documentation – I know many lending institutions are challenged with all these changes and I can direct them to the folks at the Franchise Registry to do the educating for me (especially those unfamiliar with franchising).
Without the timely intervention of the Franchise Registry, one of our clients would not have been able to close an SBA loan. Banks routinely rely on the Franchise Registry for trustworthy information and expertise. Many banks’ franchise underwriting process depends on the Franchise Registry for crucial elements in order to push through, for a brand to not have a current Franchise Registry membership could means needless delay or perhaps even denial of the loan.
FRANdata's market research helped us understand our competition and served as a catalyst for fundamental change within our organization. FRANdata delivered a comprehensive amount of insights and analysis that provided us with serious comfort when it came to making strategic decisions while providing discipline to our core business and facilitated the adoption of technology. Working with FRANdata has profoundly impacted me in crystalizing the way we should be thinking about franchising.
I recently took advantage of the Financing Consultation Call offered by FRANData. It was a real eye opener - I had no idea what I didn’t know! My advisor, pointed out many opportunities for my company to paint a more transparent, compelling snapshot of the financial soundness of our business opportunity. It is clear to me with this one call that we are not telling our great story to the lenders out there. The Financing Consultation is a no brainer and educated me on our Fund Score and how meaningful that score is to lenders. I would encourage others to take advantage of it too!
FranData has been a tremendous resource for helping us build out our target marketing lists. Their research is comprehensive, and data is complete and accurate. Plus, everyone I deal with is pleasure to work with and extremely responsive with all of our last-minute requests.
A FRANata list I bought last year got us a candidate who recently closed a resale deal in a struggling major market. That alone makes giving my business to them a “no-brainer." I use FranData because they get me the exact information I need, allowing for laser focus in my marketing efforts.
Thanks again for your help with our project – the data provided yielded a 3x better response rate than we were originally anticipating. It’s been a pleasure working with you!
Don’t hesitate to include an onsite visit by FRANdata with your Bank Credit Report. It is a valuable part of the process that allows the analyst the opportunity to connect with your people, culture and experience your brand. The ability to collect the information on one day was invaluable. Our analyst Anya quickly became part of the Taco John family
The financial consultation call with Darrell Johnson was extremely valuable. The insights into the lending community and my company were helpful and provided me with additional information that will aid me in future decisions. Well worth the time.
We at Casa Early Learning are extremely passionate about our brand and have successfully developed our early childhood education business over the past decade. We needed a partner to take our growth plans to the next level through the franchise business model. FRANdata worked with us to understand the fundamentals of our vision and business to identify an approach and expansion strategy that would fit our needs and goals. The expertise and access to key information that FRANdata brought to the table provided us with a comprehensive blueprint of how to grow our franchise concept – from a financial modeling showing us where and when to invest in key elements of our new franchise system, to geographical analysis targeting top opportunities for expansion. With FRANdata’s guidance we feel fully equipped to make informed decisions that will take our passion for early childhood intercultural and bilingual learning, and expand our efforts to the national level.
“The Franchise Registry, combined with FRANdata’s support team, is a great service that includes a unique franchise system credit scoring model to augment our internal underwriting process. It provides analytics and credit risk information that is accessible and useful in developing and monitoring our underwriting framework, as well as industry details that are helpful in our discussions with regulators.”