Does Carvel or its affiliates receive fees or other financial benefits from lenders for franchisee financing?
Carvel Franchise · 2025 FDDAnswer from 2025 FDD Document
We do not offer direct or indirect financing. We do not guarantee your note, lease or obligation.
We may refer you to leasing or financing companies not affiliated with us. We and our affiliates receive no fees or other financial benefits from any lender for your financing. We may engage an advisor to provide consulting services to franchisees to assist them with securing financing, and we may pay the advisor for this assistance to franchisees. We will not be responsible for the consultant's provision of services to you and if you choose to use the consultant, you must sign the consultant's form of agreement. You will not be required to participate in any financing program that we implement.
We participate in the SBA's Franchise Directory. We may modify the Franchise Agreement, if necessary, to comply with SBA requirements for you to participate in certain SBA loan programs.
Source: Item 10 — Financing (FDD pages 58–59)
What This Means (2025 FDD)
According to Carvel's 2025 Franchise Disclosure Document, neither Carvel nor its affiliates receive fees or other financial benefits from lenders in exchange for franchisee financing. Carvel does not offer direct or indirect financing, nor does it guarantee any franchisee's note, lease, or obligation. Carvel may refer franchisees to leasing or financing companies that are not affiliated with them.
Carvel may engage an advisor to provide consulting services to franchisees to assist them with securing financing, and Carvel may pay the advisor for this assistance to franchisees. However, Carvel will not be responsible for the consultant's provision of services to the franchisee, and if the franchisee chooses to use the consultant, they must sign the consultant's form of agreement. Franchisees are not required to participate in any financing program that Carvel implements.
Carvel participates in the SBA's Franchise Directory and may modify the Franchise Agreement, if necessary, to comply with SBA requirements for franchisees to participate in certain SBA loan programs. This means that while Carvel does not directly profit from franchisee financing, they do take steps to facilitate access to financing through third-party lenders and SBA programs.