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SBA franchise loans are on the rise, but you still need seed money and a carefully honed business plan. The SBA's Steve Smits provides advice.
In addition to the aforementioned adjustments, the SBA also set the definition of a small-dollar loan at $350,000, decreasing it from the $500,000 amount under the previous administration. That could ...
Uncertainty caused by tariffs and interest rates may be hurting consumer traffic, but it shouldn’t stop savvy investments, ...
Franchise loans help entrepreneurs finance a franchise business, like a McDonald’s or Subway location. The loan money can be used for franchise fees, equipment and initial setup costs.
Platinum Bank announced its year-end SBA 7 (a) loan volume for the fiscal year ending September 20, 2024: approximately $67.5 million, originating $35.9 million of that in franchise loans. Platinum ...
Loans to help buy an existing McDonald’s franchise or build a new one also represent an additional cost. Buyers can shop around to get the best interest rates on loans.
The Orlando Dreamers announced Tuesday they have secured the final round of financing to support their bid to bring a Major ...