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Log In / Register | Jun 25, 2018

The Road to Carvel Is Paved with Franchise Failure

The Carvel chain has melted over the years from its high of 850 franchises to a puddle of 367 franchises. The Street reports that only 275 are full-service shops. Carvel, bought by private equity firm Roark Capital Group in 2001, wants change. The 80-year-old brand has a plan to put lipstick on this franchise pig.

Franchise Council of Australia Calls For Government Guaranteed Loans

The FCA has begun a lobbying effort to have Australian government guaranteed loans introduced.  Once again we see FCA stretching the truth.

Franchise Growth Stymied by Tightening of SBA Loans

Heidi Ganahl, founder of Boulder-based Camp Bow Wow, says although her dog care service franchise is adding locations across the country growth has been stunted by tight financing.

Small Business Lending Declines

Small business lending and gross domestic product, june 2005 - june 2011
Source: U.S. Small Business Administration Office of Advocacy

WASHINGTON — A quarterly report released today from the Small Business Administration shows that lending to small businesses continues to shrink.

More Franchisors Becoming Bankers

More franchisors are acting as bankers to fund franchise expansion during the current credit crunch, reports journalist Ron Ruggles in the Nation's Restaurant News.

Small Business Act Explained

On Monday, September 27th, President Obama signed into law the bill known as HR 5297, or the Small Business Jobs and Credit Act.

Small Business Bill Signed into Law

Obama meets small business owners in Philadelphia, WH Photo/Peter Souza

SBA Backs 504 Loans with $3B Guarantee

A bill that passed last year to revive the secondary market for Small Business Administration 504 loans will kick off soon in an attempt to unlock credit for franchises and small businesses trying to expand.

SBA 504 Interest Rate Hits Low Again

The 20-year fixed interest rate on SBA 504 loan projects has hit a new record low, and this is the fourth time it's happened in the last six months.

Breaking SBA Lending Logjam

The Treasury Department is finalizing a $15 billion initiative to stimulate lending by the Small Business Administration by using funds from the federal bailout program to buy up SBA loans.