A Record Number of Renewals in April & May

Renewal activity was extremely high in April and May 2007, with 91 renewal applications approved. This is a record number of renewal applications to come in during any two month period. There were also 12 new applications determined and approved during that time.

The Franchise Registry is the online listing of franchise systems whose franchisees receive expedited loan processing when applying for financial assistance from the U.S. Small Business Administration (SBA).

"It is very important to keep your Franchise Registry listing up-to-date so that your franchisees get the benefit of the expedited loan processing" said Darrell Johnson, President, FRANdata. "Lenders check the Registry to make sure that the agreement being signed is the one that was reviewed. If it is not, they will require a special time-consuming review be done."

SBA FRANCHISE REGISTRY ACTIVITY FOR APRIL & MAY

* The listings for Buffalo Wings & Rings and WingsXtreme have the footnote number 10, "The term is 5 years, with renewals".

ABOUT THE FRANCHISE REGISTRY
The Franchise Registry (www.franchiseregistry.com) is a national online listing of franchise systems whose franchisees receive expedited loan processing when applying for financial assistance from the U.S. Small Business Administration (SBA). By centralizing the review process, the Franchise Registry allows the SBA to make consistent eligibility decisions regarding franchise systems, to cut red tape in the system, and to speed access to SBA financial assistance. Administered by FRANdata, the Franchise Registry is a successful partnership between the SBA, Franchise Lenders, Franchisors, and Franchisees.

Lenders who wish to learn more about the SBA Franchise Registry should contact the SBA (Sandy Lear sandy.lear@sba.gov). Franchisors who wish to be listed on the Registry should contact FRANdata at sbaregistry@frandata.com. Franchisees who wish to see which franchise systems make their SBA-guaranteed financing as easy as possible should visit www.franchiseregistry.com/registry.

ABOUT FRANdata
FRANdata, www.frandata.com, is an independent research company that receives no advertising or other fee arrangements that might influence its objectivity. The Arlington, Va.-based company has been supplying information and analysis for the franchising sector since 1989 and is often cited as an expert in such leading media as The New York Times, The Wall Street Journal and The Washington Post.