The New SBA Lending Rules & How they Change Franchise Development

SBA senior staff announced that the long-awaited changes to the franchise affiliation process are about to be issued through the release of a new SOP (Standard Operating Procedure).

SBA indicated the SOP will include a one-page addendum that addresses all franchise affiliation requirements.

These changes will lead to:

1. Franchisors having to negotiate with each lender on these issues, putting the burden of SBA affiliation and credit-related SOP issues on franchisors and lenders to solve loan by loan.

2. The SOP is a flexible document. But there are important issues that you need to understand.

Edith Wiseman of Frandata and Kent McClintock of M&T Bank will explain how this affects your franchisee’s SBA loans.

Make sure you attend this one, if you want your franchisees to be SBA eligible.

Warren Lee Lewis Moderator

Time: Tuesday, March 21st from 11:45 – 2pm

New Location: Serendipity Labs, 4500 East West Hwy., Suite 125, Bethesda, MD 20814

Registration 11:45 – 12:15 – Lunch 12:15 – 12:55 – RoundTable 12:55-2:00

Click Here to Pay and Register

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