# SBA franchise directory

A term used when buying franchise resale.

The SBA's list of brands its lending will finance, where being absent ends the [7(a)](https://searchspheresource.com/glossary/sba-7a) route.

Check it before writing the [LOI](https://searchspheresource.com/glossary/loi), not after, because it is the difference between the ten-per-cent-down structure most buyers plan around and conventional financing at terms nobody modeled. Where a brand meets the FTC definition of a franchise the rule is absolute: it must be on the Directory to obtain SBA financing at all. If it is not on there, a lender can neither submit a non-delegated application nor approve one under its own delegated authority. Getting a brand added still runs through head office. Anyone may send SBA the agreement and the disclosure document for an eligibility determination, with the franchisor's contact details, but the franchisor must sign SBA's certification before the brand is listed. The listing moves, so check it again close to closing rather than trusting a screenshot from the spring.

Part of: Buying a Franchise Resale (https://searchspheresource.com/guides/buying-a-franchise-resale)

Source: https://searchspheresource.com/guides/buying-a-franchise-resale/terms/sba-franchise-directory
Not dated: The same editorial definitions as the glossary, inside a trade.

Site index for machines: https://searchspheresource.com/llms.txt