The Index found loans to franchises decreased by 2.11 percent from August to September, and by 2.01 percent from September 2011 to September 2012, showing the first drop following eight consecutive months of year-over-year gains
New York, NY – Lending to franchise businesses dropped by 2.11 percent from August to September following a 3.64-percent increase from July to August, according to the Franchise Lending Index from the International Franchise Association (IFA) and BoeFly, the premier online marketplace connecting small business borrowers with lenders and a strategic ally of IFA to expand credit access within the franchise community.
Year-over-year loan volume also decreased for the first time in eight consecutive months, dropping by 2.01 percent from September 2011 to September 2012. Last month’s Index found that year-over-year franchise loan volume grew significantly by 6.32 percent from August 2011 to August 2012.
The IFA/BoeFly Franchise Lending Index (http://www.boefly.com/
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