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Small Business Administration › Franchise Agreements

The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA... more +
The Small Business Administration is a United States federal agency established in 1953 by the Small Business Act. The SBA is dedicated to assisting and supporting small business and entreprenuers. The SBA carries out its mission through a variety of programs including providing financial and federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. less -
Lathrop GPM

Small Business Administration Eliminates Franchise Directory

Lathrop GPM on

On May 11, 2023, the United States Small Business Administration will eliminate the SBA Franchise Directory, a move that may impact evaluation of franchise loans by some lenders. The change comes from the SBA’s revision of...more

Lewitt Hackman

Full Speed Ahead: SBA Directory May Hasten Franchisee Lending Process

Lewitt Hackman on

As of January 1, 2018, the U.S. Small Business Administration (SBA) will begin implementing new rules that will affect franchisors, entrepreneurs wishing to join a franchise system, and lenders or CDCs (Certified Development...more

Snell & Wilmer

SBA to Require Franchisors Be Listed on Franchise Directory for Franchisees to Be Eligible for SBA Financing

Snell & Wilmer on

Effective January 1, 2018, the U.S. Small Business Administration (SBA) will only process loans to fund the acquisition and development of new franchises if the franchisor is listed on the SBA’s new Franchise Directory....more

Lewitt Hackman

FRANCHISOR 101: Simplification of SBA Loan Approvals

Lewitt Hackman on

As independent small business operators, franchisees may qualify for business loans that are guaranteed by the Small Business Administration ("SBA loans"). However, the SBA considers certain types and levels of control...more

Baker Donelson

SBA Changes the Game

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On November 22, 2016, the Small Business Administration released SOP 50 10 5(I) (the "SOP"), which is administrative speak for new standard operating procedures affecting loans to businesses involved in franchising. The...more

Bradley Arant Boult Cummings LLP

SBA's New Rule Offers Some Welcome Changes for the Franchise Community

Bradley Arant Boult Cummings LLP on

The Small Business Administration (SBA) has been a key player in franchise development, providing loan guarantees for franchisee start-ups. As a condition for providing these guarantees, the SBA historically required a...more

Baker Donelson

IFA Legal Symposium Report

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For our readers who did not attend the early May International Franchise Association Legal Symposium held in Washington, we pass along these observations...more

Shumaker, Loop & Kendrick, LLP

Veterans and Franchising

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This past Veterans Day, franchising continued to extended its warm embrace to veterans. For better and for worse, which is my topic. For Veterans Day in 2011, the International Franchise Association launched an...more

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