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Policy Updates Impacting Franchise Financing

Benetrends Financial

The SBA Franchise Directory is Back If you’re buying into a franchise brand listed in the SBA Franchise Directory, good news: your loan could get approved faster. Lenders can skip a full Franchise Disclosure Document (FDD) review for these brands. Small Business Administration (SBA).

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7 Myths of Financing Your Franchise Business: Unveiling the Truth

Franchise Journal

Let's debunk seven common myths surrounding the process of getting financing for a franchise business. Myth: Franchise Financing is Limited to Banks - Contrary to popular belief, franchise financing is not confined to traditional banks.

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Understanding the Financial Side of Franchising: What You Need to Know

The Franchise Consulting Company

Common Financing Options for Franchisees: SBA Loans: The U.S. Small Business Administration (SBA) offers government-backed loans specifically designed to help franchisees secure financing.

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The Complete Guide to Franchises

AllBusiness.com

How to Finance a Franchise Here are some financing options for a franchise: SBA Loans: The 7(a) loan program is the most popular. The SBA Franchise Directory lists eligible brands. Bank Loans: Some banks have franchise-specific programs.

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Loans to buy a retiring business

Swoop Funding

Several financing options are available to help you buy a retiring business. SBA 7(a) loans – Backed by the Small Business Administration, SBA Loans are among the most popular options for business acquisitions. If you’re applying for an SBA loan, be prepared for more documentation.

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Business loan for hiring

Swoop Funding

Instead of taking out a fixed loan amount, businesses can withdraw funds as needed to cover payroll and recruitment costs. Government-backed SBA loans also provide affordable financing for small businesses looking to expand their workforce.

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Business loan for app development

Swoop Funding

For early-stage businesses or startups, SBA loans can offer more favorable terms, though they may take longer to secure and come with more documentation requirements. Revenue-based financing may also be an option if you already have some sales and expect a boost once the app launches.