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Redhouse Bagels Franchise For Sale. A Bagel Franchise The Whole Family Will Love. Redhouse Bagels Franchise, We Make & Bake Our Bagels Fresh Daily. Total Net Gross Revenue: $655,070 in 2013*. You can achieve a great work-life balance since Redhouse Bagels is open until just 2 p.m. daily!
Lee’s Hoagie House Franchise. An Authentic Philadelphia Hoagie & Cheese Steak Franchise. Don't Just Own A Franchise, Own A Philadelphia Tradition. Top Ten Percent Mobile Marketing Franchise. Own Your Own Packaging and Shipping Business With A Postal Annex Franchise. Today, Today, PostalAnnex+ is one of America's largest franchise networks of retail shipping and business centers.
• • • FRANCHISE NEWS STORY • • •

Date: 3/31/2010
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Franchise Owners Receive More Than $60 Million in Loans.
FranchiseWorks.com | Bank Credit Reports Have Helped Franchise Owners Receive More Than $60 Million in Loans.

(ARLINGTON, Va.) - Franchisees have a greater chance at getting bank loans if they include a Bank Credit Report in their application package, a new survey has found.

A Bank Credit Report provides an independent analysis of the performance of franchise brands in order to introduce and validate the brand to a regional or community lender who may not be familiar with franchising.

Each Bank Credit Report is tailored to compare one franchise system within the context of its peers, and follows standard bank underwriting topics and uses established banking terminology to provide detailed analysis of the brand. Report topics include brand strength, financial and operational risks of the franchisor, franchise system and unit performance, SBA lending outcomes and comparative sector performance to provide context.

According to the survey, Bank Credit Reports are considered nearly essential to get a lender to even consider a loan application, and are instrumental in securing the deal. Over 80% of the loan packages that include the FRANdata Bank Credit Report are successful, according to the franchise systems and executives who reported their results.

“With the main franchise loan activity increasingly coming from the community and regional banks, franchise brands are having to do all they can to assist franchisees in finding financing,” explained FRANdata CEO and former bank executive Darrell Johnson. “The successful loan applicant recognizes that credit departments at these lenders have less experience with franchises and at a time when banks are more risk averse. The Bank Credit Report puts the information they need to consider a loan at their fingertips. It is one of the best things a franchise system can do for its franchisees.”

Franchise system CiCi's Pizza “sends a FRANdata Bank Credit Report to every lender we work with,” said Vice President of Franchise Sales Jim Sheahan. “Not only does it allow the loan officer to understand our brand in banking terms, but it shows the high level of support that we provide to our people. Bottom line: the Bank Credit Report helps our franchisees get financing.”

The Bank Credit Report is prepared by FRANdata (www.frandata.com), an independent research company whose professional team has more than 30 years of collective experience in the banking industry. Headquartered in Arlington, Va., the company has been providing independent insight and analysis on the franchising sector since 1989.

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FranchiseWorks.com was established in 1999 with the goal of providing qualified prospective entrepreneurs with the right franchise or business opportunity that meets his or her needs. We showcase hundreds of franchise and business opportunities in a variety of industries including new start-ups to established companies. www.FranchiseWorks.com also has information on franchise financing sources, business opportunity and franchise trade show schedules along with the latest franchise news. For additional franchise information visit the franchise blog - http://franchiseworks.blogspot.com.