SpeedPro was granted Verified Franchise Registry Member status by FRANdata, the leading facilitator of franchisee capital access. Franchise Registry Verified Members are franchisors committed to supporting their franchisees’ need to access capital. With this partnership, SpeedPro can access business and franchise insight to maximize operations, development and enhance strategic plans.
With access to FRANdata, SpeedPro has a new way to support their franchisees. The Franchise Registry allows SpeedPro and lenders to connect and streamline the financing process. Because of the quick access to the current SpeedPro Franchise Disclosure Document (FDD), lenders can make more informed and faster decisions on loan opportunities.
“We’re excited to be a verified member of the FRANdata Franchise Registry,” says SpeedPro COO Paul Brewster. “FRANdata is a trusted resource for our Studios in research, capital acquisition and all things franchising.”
FRANdata specializes in research, allowing SpeedPro to further understand the industry and franchisee performance.
“We are thrilled SpeedPro achieved verified member status. Being a verified Franchise Registry member informs lenders that a franchisor has a vested interest and cares about their franchisee’s ability to get financing,” said Marla Ray, Capital Access Advisor at FRANdata. “Lenders will know that they have an engaged franchisor making the financing process smoother and more efficient.”
*This press release originally appeared on WhatTheyTh!nk, which you can view here.
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