factual

Is there a guarantee that Batteries Plus Bulbs franchisees will be approved for an SBA loan?

Batteries_Plus_Bulbs Franchise · 2025 FDD

Answer 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 the 2025 Batteries Plus Bulbs Franchise Disclosure Document, Batteries Plus Bulbs does not offer direct or indirect financing, nor do they 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.

While Batteries Plus Bulbs indicates that franchisees may be eligible for expedited SBA loan processing through the Franchise Registry Program, this does not guarantee loan approval. The SBA's Franchise Registry Program streamlines the loan application process for eligible franchise systems, but the ultimate decision to approve a loan rests with the SBA and participating lenders, based on the franchisee's financial qualifications and creditworthiness.

Prospective franchisees should be aware that eligibility for expedited processing does not equate to guaranteed approval. They should carefully review the SBA's loan requirements and consult with financial advisors to assess their ability to secure financing. Batteries Plus Bulbs suggests franchisees check the SBA's Franchise Registry Program website for more information.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.