The Registry listing will ensure expedited loan process for Cuppy’s franchisees and prospective franchisees obtaining SBA financing.
“This SBA approval allows our Cuppy’s franchisees going through the loan process to work with banks directly,” said Morgan Powell, Director of Finance, Cuppy’s Coffee, Smoothies & More. “By doing so, we save the franchisee substantial time and money by enabling them to work directly with banks without the hassle of a middle man.” By centralizing the review process, the SBA ensures consistency, speed and sensitivity to industry-specific considerations.
For a franchisor to get approval on the Franchise Registry, the SBA must review the company’s Universal Franchise Offering Circular and agree to all the terms. With this approval Franchisees enjoy the benefits of a streamlined review process for SBA loan applications. Loan applications for registered franchisors can be reviewed and processed quickly and efficiently. Small business owners get better service and quicker loans.
About Cuppy’s Coffee, Smoothies & More
Cuppy's Coffee, Smoothies & More, Inc. (cuppys.com) is a specialty coffee drive thru franchise business that offers the world's finest coffee, latte, espresso and smoothie drinks available today. Cuppy’s franchise system provides franchisees with an industry leading Marketing Team, Proven Systems, Site Selection Assistance, Training, Volume Buying Power, and Growth. For more information visit Cuppys.com or call Toll Free at (888)241-4324.