Does Carvel offer direct financing to franchisees?
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, Carvel does not offer direct or indirect financing to franchisees. Carvel also does not guarantee any notes, leases, or obligations for franchisees.
Carvel may refer franchisees to leasing or financing companies that are not affiliated with them. Neither Carvel nor its affiliates receive any fees or financial benefits from lenders for franchisee financing. Carvel may hire an advisor to provide consulting services to franchisees to help them secure financing and may pay the advisor for this assistance. However, Carvel is not responsible for the consultant's services, and franchisees must sign the consultant's agreement if they choose to use their services. Franchisees are not required to participate in any financing program implemented by Carvel.
Carvel participates in the SBA's Franchise Directory and may modify the Franchise Agreement to comply with SBA requirements for franchisees to participate in certain SBA loan programs. The availability and terms of financing will depend on factors such as the availability of financing in general, the franchisee's creditworthiness, collateral, the policies of the lending institution, and economic conditions in the area.