Franchise information and ratings specialists, FRANdata, have released a list of Australian Franchise Brands deemed to be ‘Finance Ready’.
Inclusion on the list is based on assessment against a set of criteria developed from measuring and analysing performance over nearly 30 years. The assessed criteria includes key system information, financial benchmarks, transparency measures and recognition of existing lending relationships. Franchisees of ‘Finance Ready’ brands are expected to experience an improved lender experience from the effort and investment of their franchisor.
44 brands have been initially named with the list including a diverse mix of food, retail and service based franchise systems. The list also reflects a mix of larger established names, emerging brands and those with a lower capital entry cost.
FRANdata’s Australian CEO, Darryn McAuliffe, said “we are seeing a welcome increase in interest from franchise lenders on the whole but this remains heavily reliant on brands providing good information to lenders and strong support to their franchisees. Our ‘Finance Ready’ assessment aims to recognise those brands we have identified as providing that information and building, or already enjoying, good relationships with franchise lenders.”.
FRANdata expects to add more brands to the list in the coming weeks.
The list can be found here FRANdata’s Finance Ready Australian Franchise Brands
For further Information please contact:
Darryn McAuliffe – Telephone: 02 8346 6093, Email: [email protected]