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Small Business & Franchise

Main Street to franchise empires — running your own business.

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Latest

Oct 11, 2026

Small Business & Franchise — 2026-10-11

This week’s dominant story for small business owners is the ongoing adaptation to new SBA lending rules that took effect on October 1, which have tightened underwriting standards for business acquisitions and franchise financing. Despite these regulatory shifts, the franchise sector continues to see significant activity, with RaceTrac’s acquisition of Potbelly signaling continued M&A optimism, while operators like Bitty & Beau's Coffee expand their unique mobile models. Recent surveys indicate that despite inflationary pressures, 81% of small business owners are meeting or exceeding financial expectations in 2026. <!-- /headline --> **SBA Rule Changes Reshape Franchise Financing Landscape** <!-- /headline -->

4 min read/15 sources
Oct 6, 2026

Small Business & Franchise — October 6, 2026

The SBA's sweeping October 1 lending rule overhaul is reshaping acquisition financing for franchisees, tightening equity injection requirements and documentation while waiving fees for manufacturers and rural firms. Meanwhile, Flynn Group's continued Pizza Hut expansion and broader M&A confidence signal resilience in the franchising sector despite stricter borrowing conditions. Operators and lenders are scrambling to adapt to new 7(a) loan procedures as the franchise directory remains active post-reinstatement.

5 min read/15 sources
Sep 30, 2026

Small Business & Franchise — 2026-09-30

The SBA has finalized new lending rules effective October 1, 2026, that tighten debt-service coverage requirements for franchise acquisitions—raising the bar from 1.15:1 to 1.25:1 for change-of-ownership deals while keeping expansion lending at 1.15:1. Meanwhile, the agency extended its comment period on proposed small-business size standards to November 20, expanding potential SBA eligibility for thousands of firms. Franchise M&A sentiment remains cautiously optimistic heading into Q4 2026, though stricter underwriting will challenge less-capitalized buyers.

5 min read/15 sources
Sep 26, 2026

Small Business & Franchise — 2026-09-26

The dominant story this week is SBA policy churn on two fronts: new lending rules aimed at protecting creditors in acquisition deals — with direct consequences for franchise transfers — and continued blowback over the proposal to redefine who counts as a "small business." The most material funding shift is the October 1 rule change window, now under five days away. The standout operator development is a longtime franchisee signing a 15-unit TCBY/Mrs. Fields area development deal across North Carolina. <!-- headline --> SBA's New Acquisition Rules Ripple Through Franchise Dealmaking

5 min read/15 sources
Sep 24, 2026

Small Business & Franchise — 2026-09-24

The dominant SMB story this week is the SBA's modification of its controversial small business size standards overhaul — the agency has extended the public comment period, giving owners and lenders more time to weigh in. The most material funding watch item remains the October 1, 2026 effective date for new SBA loan rules affecting business acquisitions and franchise financing. In franchise news, dealmaking momentum continues across the sector, though fresh system-specific announcements this week were limited.

3 min read/15 sources
Sep 12, 2026

Small Business & Franchise — 2026-09-12

The SBA's new rules taking effect October 1, 2026, are set to significantly alter the landscape for franchise financing and business acquisitions. This week's developments highlight the urgent need for operators to understand how these regulatory shifts impact loan eligibility and brand financing. Key stories include the naming of Service Experts' Trey Thomas-Piazza as IFA Franchisee of the Year and the continued expansion of major brands like RE/MAX through brokerage conversions.

3 min read/15 sources
Sep 2, 2026

Small Business & Franchise — 2026-09-02

The SBA’s proposed overhaul of small business size standards, published in the Federal Register on August 20th, is now entering its critical comment period, aiming to expand eligibility for federal contracting and loans. In franchise news, major brands like RE/MAX and Vitality Bowls are accelerating their expansion strategies with new brokerage conversions and location debuts. Meanwhile, operators are preparing for significant changes in SBA acquisition rules that take effect on October 1st, which will tighten underwriting standards for business purchases.

4 min read/15 sources
Aug 31, 2026

Small Business & Franchise — 2026-08-31

The U.S. Small Business Administration (SBA) is facing significant pushback from small business owners regarding its proposed overhaul of size standards, which would expand eligibility to over 114,000 additional businesses but risks diluting benefits for existing small firms. Meanwhile, the franchise sector continues to show resilience with major expansion deals, including Moe's Southwest Grill's first brick-and-mortar entry into the Twin Cities and a nine-unit development agreement for Mokas Coffee & Eatery. The lending environment remains dynamic as SBA loan requirements and size standard methodologies undergo critical review, impacting how operators access capital.

4 min read/15 sources
Aug 26, 2026

Small Business & Franchise — 2026-08-26

The SBA is actively soliciting public comments on a proposed overhaul of size standards for 338 industry groups, which could significantly expand loan and contracting eligibility for small businesses. Simultaneously, new Standard Operating Procedures (SOP) for the 7(a) loan program are set to take effect on October 1, 2026, introducing changes that will reshape business acquisition financing. On the franchise front, major M&A activity continues with significant brand conversions and real estate acquisitions reported across the industry.

4 min read/15 sources
Aug 20, 2026

Small Business & Franchise — 2026-08-20

The SBA published a major proposed rule on August 20, 2026, updating size standards for 338 industry groups to better reflect current market conditions, a move that will directly impact federal contract eligibility and loan qualification. Concurrently, the agency expanded its 90% loan guarantee program to include small businesses in the energy supply chain, offering new financing options for specific sectors. In the franchise sector, Jollibee marked a significant milestone by debuting its first franchise restaurant in California, advancing its U.S. growth strategy.

4 min read/15 sources
Jul 28, 2026

Small Business & Franchise — 2026-07-28

The SBA doubled its loan limits to $10 million this week, marking a historic expansion in available capital for small businesses and franchises. SBA leadership publicly championed the change while highlighting rural outreach priorities. Meanwhile, fast-growing QSR chains like Layne's and Jollibee are accelerating unit expansion through franchise deals, and a healthy fast-food concept made its New Jersey debut with aggressive multi-unit plans.

6 min read/15 sources
Jul 17, 2026

Small Business & Franchise — 2026-07-17

The SBA's historic $10 million combined loan limit—effective July 4—reshapes SMB financing by allowing entrepreneurs to blend 7(a) and 504 programs, potentially unlocking capital for expansion, equipment, and real estate in a single funding structure. Meanwhile, Jollibee accelerates North American franchise growth with seven multi-unit development deals targeting 330 U.S. units by 2030, signaling renewed PE and franchisee appetite for scaled growth. Policy tailwinds and operator momentum create a rare window for ambitious SMB owners to capitalize on expanded borrowing capacity.

5 min read/15 sources
Jul 7, 2026

Small Business & Franchise — July 7, 2026

The SBA doubled its combined loan limit to $10 million effective July 4, allowing small businesses to stack 7(a) and 504 loans without hitting the previous $5 million ceiling—a major expansion for growth-stage firms. Franchise M&A momentum accelerates into 2026, with private equity interest driving consolidation at both platform and multi-unit franchisee levels. Grasons earned recognition as a top low-cost franchise opportunity under $100,000, signaling continued operator interest in scalable business models.

5 min read/15 sources
Jun 26, 2026

Small Business & Franchise — 2026-06-26

SBA chief Kelly Loeffler defends new citizenship-only loan policy amid controversy; Congressional bill expands 7(a) lending for technology investments; franchise sector eyes flexible formats and smaller footprints as growth strategy.

4 min read/15 sources
Jun 16, 2026

Small Business & Franchise — 2026-06-16

The SBA has enacted sweeping eligibility changes limiting loan access to U.S. citizens only, sparking fierce pushback from immigrant business advocates and creating immediate barriers for thousands of small business owners. Meanwhile, Planet Fitness franchisees are charting aggressive expansion, and franchise M&A momentum continues to build despite tightening credit conditions. Rural manufacturers and agricultural enterprises stand to gain new capital access under revised SBA programs.

6 min read/15 sources
Jun 9, 2026

Small Business & Franchise — June 9, 2026

The SBA clarified its investor-vetting rules this week, creating a waiver process for loan applicants previously rejected due to passive investor default history. Meanwhile, M&A activity in franchising remains robust heading into mid-2026, with platform consolidation and franchisee roll-ups accelerating across QSR, services, and specialty retail. Industry forecasters project franchise economic output will exceed $920 billion in 2026, supported by easing borrowing costs and narrowing valuation gaps.

4 min read/15 sources
Jun 5, 2026

Small Business & Franchise — June 5, 2026

The SBA has clarified and narrowed its investor crackdown with a new waiver process, easing loan access for businesses with previously troubled investor connections. Meanwhile, the agency announced $30 million in new grocery-sector loans under a 90% guarantee program, signaling fresh capital deployment into underserved supply chains. Franchise M&A optimism continues despite a cooling 2025, with dealmakers targeting underperforming brands for turnaround plays.

5 min read/15 sources
Jun 2, 2026

Small Business & Franchise — June 2, 2026

The SBA's landmark decision to allow combined 7(a) and 504 loans up to $10 million—effective July 4—marks the most significant lending expansion for small businesses in years, particularly benefiting franchise systems that now represent one-in-five SBA guarantees. Meanwhile, the agency has clarified (and narrowed) its controversial investor vetting rules with a new waiver process, easing concerns about blanket loan denials. Franchise M&A momentum continues with strategic PE roll-ups reshaping the landscape, though unit-level growth stories show operators remain cautious amid tightening capital conditions.

5 min read/15 sources
May 29, 2026

Small Business & Franchise — 2026-05-29

The SBA is doubling combined loan limits to $10 million effective July 4, marking a major expansion of capital access for equipment-heavy and real estate-dependent small businesses. Franchise lending remains stable with strategic M&A activity ongoing. Floor Coverings International and other home improvement concepts are gaining franchisee interest despite broader economic caution.

4 min read/15 sources
May 26, 2026

Small Business & Franchise — 2026-05-26

The dominant story in SMB this week is the SBA's July 4th deadline for its expanded combined 7(a) and 504 loan limits, which effectively doubles maximum SBA-backed financing to $10 million for eligible borrowers — a historic capital access shift for equipment-heavy and real estate-intensive businesses. On the franchise front, a small-business acquisition boom is creating a new class of entrepreneurs who are buying proven operators rather than starting from scratch. The IFA's 2026 forecast of $920 billion in franchise output underscores a sector increasingly driven by multi-unit operators and M&A activity.

8 min read/15 sources

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