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  • Updated

The historic Paycheck Protection Program was a lifeline for a lot of franchise business, but as the program ends on June 30, the COVID-19-era financing questions are changing to how to meet the program's forgiveness rules and what other finance options are out there.

  • Updated

“Franchisors understand that time kills deals,” says Mike Rozman, reciting an oft-used phrase especially applicable to the sometimes drawn-out process of signing an agreement with a new franchisee. And it's especially applicable to franchisee financing which, if left until the tail end of the sales process, can delay and even derail a deal.