IFA report: Money available for franchise loans to grow

04/18/2013 | Small Business Trends

A report prepared for the IFA's Educational Foundation suggests the amount of loan money available for franchise financing will reach about $23.9 billion in 2013, with about $5.6 billion of that coming from the Small Business Administration. "The franchise business climate is improving for the fourth consecutive year, supported by a higher demand for unit transactions, improved franchisor capacity for growth, greater bank willingness and ability to lend and an economy that is slowly improving," the report states, adding the amount available this year will still fall short of the $26.5 billion needed to fund current and new operations.

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