Does Batteries Plus Bulbs have a preferred lender for franchisee financing?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
We do not offer direct or indirect financing. We do not guarantee your note, lease or obligation. Batteries Plus® franchisees may be eligible for expedited Small Business Administration (the "SBA") loan processing through the SBA's Franchise Registry Program, www.franchiseregistry.com.
Source: Item 10 — Financing (FDD page 34)
What This Means (2025 FDD)
According to Batteries Plus Bulbs's 2025 Franchise Disclosure Document, Batteries Plus Bulbs does not offer direct or indirect financing to franchisees. This means that prospective franchisees must seek funding from third-party sources such as banks, credit unions, or private investors. Batteries Plus Bulbs also does not guarantee any franchisee's note, lease, or obligation.
However, Batteries Plus Bulbs franchisees may be eligible for expedited Small Business Administration (SBA) loan processing through the SBA's Franchise Registry Program. The SBA Franchise Registry Program is a resource that helps connect franchisees with lenders who are familiar with the franchise system. This can potentially streamline the loan application process for Batteries Plus Bulbs franchisees.
While Batteries Plus Bulbs doesn't offer direct financing or guarantees, the potential eligibility for expedited SBA loan processing through the Franchise Registry Program could be a valuable resource for franchisees seeking financial assistance. Prospective franchisees should research the SBA Franchise Registry Program and consult with financial advisors to explore their funding options.