SBA Approved Lending
Tint World® has taken significant steps to ease the process of financing your franchise investment. To help you get started, Tint World® has developed relationships with several approved lenders. In a major effort to help small business owners, Tint World® has been approved by the U.S. Small Business Administration (SBA) and offers the Franchise Registry that will expedite the processing of loans to small business franchisees. These lenders provide conventional lending products and other financial services, including SBA backed loans for smaller transactions. They also offer a simplified application process and quick turnaround times.
Tint World® has also developed an innovative Financing Alliance with leasing, because, Tint World® is considered a low cost franchise and leasing may be the easiest and quickest way to get financing.
History of the Franchise Registry
Tint World® is a partner with SBA and FRANdata, the only objective information company that researches and reports on franchising, FranchiseRegistry.com that allows franchisees to see which systems are participating in the program, SBA lenders to see details of the SBA approval.
SBA has been working with franchisors, franchisees and lenders for years to streamline SBA’s franchise review loan process. With their help, SBA has revised its franchise eligibility guidelines and operating procedures, and has implemented a streamlined review process to help it serve its small business customers better.
Objectives of the SBA System
The Franchise Registry will help SBA and its participating lenders make consistent eligibility decisions, speed access to SBA financial assistance, streamline processing and recognize industry-specific factors during the loan review process. The Registry enables lenders and SBA local offices to verify a franchise system’s lending eligibility through the Internet. This reduces red tape, time and costs for all concerned.
About the SBA
The mission of the United States Small Business Administration (SBA) is to maintain and strengthen the nation’s economy by aiding, counseling, assisting, and protecting the interests of small businesses and by helping families and businesses.