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Jun 03, 2009
What are SBA lenders looking for?
The world of finance has changed dramatically since the 4th quarter of 2008. Find out what this means to potential SBA loan applicants by reading this interview with Geoff Seiber, CEO and Bob Hernandez, EVP of Lending at FranFund published in the June 2009 issue of QSR Magazine.
Nov 13, 2008
FranFund Position on the Recent IRS Directive
As many of you are aware the IRS recently released it long awaited guidelines for 401(k) rollovers with regard to business start-ups. We have been asked by several of our clients what our position is on the issues raised by the guidelines and what if anything should be done. It does appear that the IRS spent a considerable amount of time in its review of this transaction and reached the following conclusion: “We do not believe the form of these transactions may be challenged as non-compliant per se.” The IRS did however address several points of compliance that should be reviewed on a “case by case basis” if the plan is audited.
Sep 05, 2008
Franchise Funding
Bisio calls franchise funding "among the most critical questions for anyone thinking of buying a franchise."