Franchise News Release:Arlington, VA - (Aug-11-2006)
13 New Franchises, 26 Renewed Franchise Listings on the SBA Franchise Registry in July
The SBA Franchise Registry continued its robust activity with the additional approval of 13 new franchise systems. Twenty-six (26) franchise systems renewed their listing by asking the SBA to review their most current franchise agreement.
The Franchise Registry is the online listing of franchise systems whose franchisees receive expedited loan processing when applying for financial assistance from the U.S. Small Business Administration (SBA).
"Many franchise systems find that listing on the Franchise Registry is extremely helpful to franchisees when they look for financing," said Darrell Johnson, President, FRANdata. "It can shorten the loan approval time dramatically by simplifying the review process for SBA lenders."