Want to Purchase a Franchise? Are They on the SBA Eligibility List?

If you are planning to purchase a franchise using SBA financial assistance, check the SBA Franchise Directory first. The directory, which can be accessed on the SBA's website, lists the franchise brands that the SBA has reviewed and are eligible for its loan programs. Business lenders commonly rely on this list, and if the brand you are looking at is not on the list, you're not eligible for SBA financing. Save time and check the list at https://www.sba.gov/document/support-sba-franchise-directory. If the brand is missing, ask your franchisor why.