New Services Available to Franchisors

Siegel Financial Group Announces New Suite of Services to Aid Franchisors Reach Franchise Development Goals!
Franchise Finance Consulting Practice reacts to market conditions

BALA CYNWYD, PA – The current state of the financial markets have created a demand for services that franchisors can utilize to maximize their franchisees ability to obtain financing. These services, which include Item 19 creation and validation, the “Strategic FDD Expansion”, and franchise finance placement services all dovetail with Siegel’s expertise and experience in the market. Ronald Feldman, CEO stated, “Franchisors have been asking us to provide these services since the beginning of the lending crisis. These tools help to empower them in succeeding in their franchise development goals.” He added “We have purposely priced these services aggressively, with the hope that franchisors will appreciate our commitment to their success, especially during the current state of dysfunction of the financial markets.
Our new services include:

1. Item 19 Collaboration/Presentation
This service provides quantitative analysis of all available franchisor data in order to present an Item 19 in the franchisor FDD in a way that is acceptable and attractive to the lending community. SFG works in concert with franchisor counsel to make sure that all of the regulatory disclosures are within the comfort level of counsel. This outsourcing also provides third party validation to the Item 19.

2. Strategic FDD Expansion (“SFE”)
This report is used in conjunction with a FranData Bank Credit report (“BCR”), (or facsimile) to create a compelling case for lenders to finance the franchisor’s concept. The FDD has limited disclosure ability, and is highly regulated. By having lenders sign a Non-Disclosure Agreement (acceptable to franchisor counsel), better and more persuasive arguments can be made to the lender relative to the normal lender areas of concern.

3. New Franchisee Financing Services
Siegel can become the outsourced finance arm for a franchisor. The franchisor can engage SFG directly on all candidates that need financing, or refer candidates to SFG for services as needed. Siegel is extremely experienced supporting the goals of the franchisor, while making the process of obtaining funding as painless as possible.

4. Lender Relations
This ongoing monthly relationship allows franchisors, once they have obtained a SFE, to engage Siegel in outsourcing the job responsibilities associated with lender relations for franchisee development and expansion. This allows the franchisor to reserve valuable management time for operating the business, and allows this function to be handled by a nationally known finance company.

5. Existing Franchisee Financing
SFG will customize programs for remodels, reimaging, and expansion capital for its core client base. These programs will provide tools for franchisees to solve the finance conundrum that many face.

Nathan Greenberg, President added, “These are the services that we have been providing to our core clients since inception. We have been asked by the market to broaden our distribution, and we are responding. The credit markets have affected everyone in franchising, and we have the knowledge and tools to help navigate these troubled waters”.

About Siegel Financial Group
Founded in 1983, by Bernard Siegel, PhD as a business intermediary practice, Dr. Siegel quickly realized that financing was paramount in getting transactions closed. He formally founded Siegel Capital in 2002, and quickly expanded. In 2004, Ronald Feldman and Nathan Greenberg took over day to day management, and in 2008, acquired the company. Known nationally as an expert on issues of finance in the franchising and intermediary market for transactions up to $10 Million, the Siegel Financial Group of companies continues to provide cutting edge counsel to the industries that it services. Today we serve some of the biggest and most respected brands in franchising, setting the bar for customer service and “getting deals done”.
For additional information about Siegel Financial Group or an update on how current economic conditions are affecting franchising, contact Ron Feldman at 610-668-9780.
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