Franchisor Webinar: Are SBA Programs at Risk? The New SBA Franchise SOP and the Franchise Registry
This webinar, will equip you with the tools you need to help lenders resolve uncertainties around working with your brand. REMOVE franchise hurdles so lenders can focus on your franchisees. Improve processing times for lenders means faster ramp up times for your franchisees.
This free Webinar will cover:
Lender Webinar: The New SBA Franchise SOP and the Franchise Registry
Join Paul Santomauro, Lender Support Specialist at FRANdata as he walks you through the new SBA franchise SOP (and its updates) currently rippling across the realm of franchise financing. This webinar will answer your questions on the new process and how the Franchise Registry will help you in 2017 and beyond.
This webinar will reflect up-to-the-moment
insights on franchise and lender concerns/actions regarding the new SBA Franchise SOP and the subsequent revisions and clarification on the policy.
We will also cover the most commonly asked questions on the new SOP which we receive from our lender and franchisor members alike.
The Webinar will cover:
Important details on the most recent (Feb. 14) SBA Notice on the franchise review process for 7(a) and 504 loans
- What should be your areas of concern? How to best mitigate the risks that you are now responsible for?
- How to find out which franchises are using the standard SBA Addendum and who are not
- How to know which (2015 or 2016) addendum a franchisor is opting for, and how to access the documentation and certification
- Most importantly, feel free to ask questions or get clarifications on the new SBA SOP