Franchisees in search of financing have had it rough the past few years. But it's not all gloom and doom on the lending front. Recent numbers for SBA franchise loans--issued by banks but guaranteed up ...
Unlike loan guaranties, which benefit the lenders, an operating support agreement runs in favor of the franchise owner. Nevertheless, lenders customarily obtain the right to enforce the ultimate ...
The past year was an adjustment period for lenders, as they’ve had to vet the eligibility of franchise brands without the help of the U.S. Small Business Administration’s Franchise Directory. In April ...
The cost of buying into a franchise includes various components such as the upfront franchise fee, start-up costs for equipment and premises fit-out, inventory, and ongoing fees. Prospective ...
I’ve written extensively about how private equity firms evaluate the franchise attractiveness, at both the system and unit level (since PE invests in both). If you’re keeping your long-term options ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Small businesses are the backbone of our economy, driving ...
Key considerations for lenders negotiating hotel comfort letters to protect franchise continuity, cure rights, and exit strategies in the event of borrower default. Commercial real estate lending on ...