Underwriting the Franchise Borrower: Management Experience

Jessica SarterSmall Business Lending

Video Transcript: Mike Rozman: I want to leave collateral and shift more towards experience of the principle. So certainly we all know that the experience level is important to an owner’s success. In some cases brands are seeking out franchisees with a meaningful amount of experience, and in other cases brands are seeking out those franchisees that don’t have any … Read More

Underwriting the Franchise Borrower – Collateral

Jessica SarterSmall Business Lending

Video Transcript: Mike Rozman: Let’s shift to collateral for a moment, and you know, I think the SBA rule is real simple here. And, Eric, can you join in? And on the collateral side of things, US Bank and – within the SBA business, what’s your view of collateral? Eric Daniels: We follow SBA guidance in terms of if collateral … Read More

Underwriting the Franchise Borrower – Equity Injection

Jessica SarterSmall Business Lending

Video Transcript: Mike Rozman: When a Borrower seeks a loan, they are typically required to inject their own equity into a transaction, and we’d like to hear from the lenders on our call today how much equity they expect a borrower to inject into a deal. Let’s start with Kevin Ellis from Atlantic Coast Bank. Kevin, on the transactions that … Read More