Well… we saw this coming. What we alerted you about in our last communication is about to happen. SBA will no longer be in the business of determining franchise affiliation. The deadline for the comment period is December 27th, 2022. Read the proposed rule here – https://www.federalregister.gov/documents/2022/10/26/2022-23167/affiliation-and-lending-criteria-for-the-sba-business-loan-programs “SBA proposes to remove paragraph (f)(5), affiliation based on franchise and […]
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 […]
When the topic of international development comes during strategic planning sessions at many a franchisor, many are quick to dismiss the opportunity, sighting costs or potential untapped white space in the U.S. market. Such lack of clarity can be a serious problem for franchisors embarking on a rapid growth plan, often resulting in mistakes that […]
One of the most asked question from lenders on the FUND Score/Report, has got to be “Its great when my borrower is investing in a brand with a high franchise credit (FUND) score, and there are many, but what does it mean to the loan or my lending process when the franchise is scored low?” […]
Salt Lake City, UT, November 14, 2016 – Celtic Bank is integrating FRANdata’s proven franchise scoring system (FUND Score) into their franchise portfolio management system. This integration ensures that both franchisees and franchisors who do business with Celtic Bank will benefit from franchise loans that are administered faster, are more transparent, and most importantly, adapted […]