Austin, T.X., March 11, 2019  – Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for community financial institutions, today announced its partnership with FRANdata, an industry leader in strategic analysis, forecasting, and measuring of franchise performance operations. FRANdata, headquartered in Arlington, Va., is the only company with access to verified information […]

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 […]

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