Somewhat buried in a recent SBA information notice footnote (5000-180007 Updated Lender Portal), was the announcement of new PARRiS flags which will closely monitor start-up loans, small loans, export loans, and loans to hotels. These SBA-issued new risk-monitoring rules are meant to help SBA determine whether to conduct a lender audit. The new PARRiS flags […]

In my more than 15 years of Commercial/SBA lending experience, I have gained some valuable insights in helping others to start and expand their businesses as a lender. They relate well back to some very wise sayings I have heard throughout my life. The 5 things new borrowers need to know will be structured around […]

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 […]

Lenders Counter with Technology Solutions The historically flat yield curve and rising internal costs are reducing small business lending profitability, pushing lenders into a classic capital for labor shift – relying more on technology to evaluate brands and borrowers.  In a poll of more than 150 Lenders– 89% found that evaluating the franchise brand’s credit profile […]

Possessing franchise information going back decades, FRANdata was in a unique position to assist the lending community to build an accurate credit risk assessment system for franchise brands.  With lots of input from experienced franchise lending institutions, FRANdata developed a model that measures credit risk in franchise brands.  Applying this model to more than 500 […]

Categories