Younger franchise systems with fewer units were more likely to help get SBA-backed loans for their franchisees, according to an analysis by FranData, a company that gathers and tracks information about franchising.
The study analyzed the SBA’s Franchise Registry, a list of franchises that help facilitate SBA-backed loans for their members by submitting their franchise agreement for pre-approval.
About 60% of the franchises in the registry have fewer than 100 units, the study found, while 11% had more than 500 units. Fast-food franchises make up nearly 20% of the registry.
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