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Over 1,000 Franchise Brands Targeted By Top SBA Lenders

LoanBox monitors the SBA lending activity on about 2,000 franchise brands. LoanBox lenders use this intel to manage the franchise brands and franchise types they are targeting through LoanBox. When a franchise selects the franchise brand, they only receive loan proposals from lenders who are already familiar and eager to lend to that brand.

If your franchise brand has been actively involved in small business lending, you'll be able to find the brand on the dropdown search. For newer franchises or those still unfamiliar within the small business lending world, LoanBox assists in gathering the necessary lenders and vendors to support new or expanding franchisors.

Images of brands and company names are trademarks™ or registered® trademarks of their respective holders. Use of them is for demonstration purposes only and does not imply any affiliation with, or endorsement by them.

LoanBox empowers franchisees to break free from the reliance on third-party loan brokers and packagers. LoanBox enables direct connections between franchisees and qualified lenders specifically focused on lending to franchises for their brand. LoanBox diversifies lender options, automates loan package to lender matching, let’s you choose which lender and offer, and provides a personalized and supported lending experience all the way to funding.

Which franchise brands are on this portal?

Our portal features lending activity analytics for thousands of franchise brands. Over a thousand of these are high-value brands within our preferred lender network. We track major brands whose franchisees utilize SBA lending. Additionally, we monitor new and emerging franchises entering the lending market.

What if my franchise brand doesn't appear?

If your franchise brand doesn't appear on our portal, it means we currently don't have preferred lenders who have vetted your brand. Contact a LoanBox advisor, and we'll find the right lender for you based on your qualifications. We'll also work to expedite adding your brand to the portal for future franchisees.

What if I haven't been awarded a franchise yet?

You can use the LoanBox app even if you are still in the preliminary stages with the franchisor but want to organize your financing and have some loan proposals ready. Simply select the franchise brand you are targeting and follow the outlined process.

How Does LoanBox Lender Selection Work?

  1. Complete Loan Package

  2. See Lenders Matching 100%

  3. Select one or all lenders to access the loan package within LoanBox

  4. Receive loan proposals from interested lenders in the same format for easy comparison

  5. Select winning lender, e-sign loan proposal

Then follow the LoanBox process getting updates and alerts at every stage to funding.

Do it yourself

When you complete the questionnaires and upload documents the LoanBox algorithms match multiple points and calculations of your loan package and filters against the key qualifying requirements of each lender. LoanBox shows the lenders your loan qualifies for with 99% accuracy (based upon the accuracy of the loan package inputs). Select the grant access button and the lenders you pre-qualify for will be notified and access your loan package within LoanBox. You receive loan proposals from the interested lenders and select the winning lender/loan proposal. All of the additional documents and process steps for the lender you select are on the LoanBox Manager.

Get Support

All of the support needed from robust FAQs, AI Lending Assistant Chatbot, videos, and detailed explanations are available to access. You have direct access to the lender you're using, receive app-to-app messaging, easily upload additional requested documents, and have your completed loan after it closes safely stored for your access in the LoanBox vault if you want. When ongoing annual covenants (that all banks have with business loans) like providing annual tax returns and updated PFS is easily managed by LoanBox. Receive reminders and upload to the same place you did everything else within LoanBox or you can always send to the lender direct.

Have us do it for you

Although the app is easy enough to do everything yourself (especially with our Loanology support tools) some prefer someone to just take care of everything for them. A LoanBox Advisor is a friendly human who supports you and and helps handle everything about your loan for and with you. Loanology Advisors provide free advice, guidance, and hand holding from beginning to end. They manage the process with the lender. The borrower's primary responsibility becomes completing the loan application information and uploading the needed docs throughout the process as required.

SBA historical franchise lending and what our forecasting model shows.


10 Steps of the
LoanBox Process

1. Direction Decision

Decide if you want to do your LoanBox loan alone or use the LoanBox Advisor navigation available to you. LoanBox was designed for the business owner to have a carvana like experience with a business loan. You can utilize LoanBox from application to funding, have a full suite of intel and resources to access to answer your questions, an AI lending assistant, and human chat and app-to-app messaging support. This is how a bank business loan get's done with the least amount of human interaction as possible.

Or, for those who haven't lost faith in humanity completely yet, have one of our friendly LoanBox Advisors just handle everything for you.

2. Loan Package

If you go it alone or use an LoanBox Advisor, a loan package is required. Complete a series of questions in the portal and upload financial docs. Your answers are populated into PDFs on your portal. This is the initial collection of documents needed for a lender to provide a loan proposal. These can include application, personal financial statement, business plan, pro forma, and tax returns.

3. Share Package

Our matching algorithms reveals the lenders you qualify for within our platform based on your loan package and answers. Select which (or all) of the preferred lenders you would like to provide access to your loan package and invite them to make a loan proposal. Your loan package sits securely within LoanBox. The lender is also on LoanBox and sharing your loan package is giving the lender access to your package within LoanBox.

4. Receive Proposals

Lenders are able to securely access your loan package documents and interested lenders respond with a loan proposal. All proposals are created by the lender completing the same offer form within LoanBox. This consistent proposal format allows you to compare and contrast the same key information.

5. Select Lender

Click and e-sign to accept the winning proposal. There are videos and details about each preferred lender you can review for any due diligence. If you are using an LoanBox Advisor they will tell you which lender they want to use and why, for your specific loan at this specific time. Either way, it is your choice and decision. After the winning lender is selected your "My LoanBox" dashboard shifts from loan packager to loan manager mode.

6. Underwriting

Your credit score is pulled and your loan officially goes into underwriting. This is where the bank analyst reviews the loan package, runs their own cash flow analysis, checks that required documents to date are in and everything is in order, asks any additional or clarifying questions, and makes sure your loan meets bank policy criteria and requirements.

7. Approval

Depending on the loan amount you may have one approver, two approvers or a committee who will be signing off on your loan. When your loan is officially approved you receive a commitment letter. The commitment letter means that once all closing docs have been completed the bank is ready to fund the loan.

8. Closing

The closing process is getting everything ready for funding. When all required documents are collected the bank issues their internal “clear to close” sign off. LoanBox helps you collect the needed documents in advance and to always know where your loan is in the process.

9. Funding

The loan agreement docs are executed and funds are wired to recipients. The LoanBox Manager walks you through every step and provides every document request needed along the way.

10. Covenants

Covenants is the ongoing responsibilities you have as a borrower while the business loan is in place. Conventional and SBA lenders may have different requirements. Covenants primarily consists of providing annual tax returns and an updated personal financial statement each year. This is common with any business loan from a bank. Whatever the covenants are of the lender you selected, it will show on your LoanBox Manager and you will receive an automated email reminder each year from LoanBox.

GET

STARTED

DO-IT-YOURSELF BUSINESS LOANS

  1. Complete loan package - AKA “Application”

  2. See matching lenders

  3. Select one or all matching lenders to access your loan package

  4. Receive loan proposals from interested lenders

  5. Select the winning lender and e-sign their loan proposal

Use the tools and intel available, follow the process, receive alerts at every stage along the way, and utilize LoanBox human support as needed.

EXPERT-MANAGED BUSINESS LOANS

  1. Complete applicant summary form

  2. Have consultation

  3. Upload the docs requested

  4. Receive, discuss, and approve your LoanBox Advisor plan

  5. Provide needed docs as requested as your Advisor navigates everything for you

Your loan is still managed on the LoanBox platform, so you still have access to everything and receive the same alerts. We just step in to solve challenges and obstacles.