Ep4 Franchisor bank credit reports with Darryn McAuliffe. Franchise Supplier Support.

Franchise Everything

20-06-2023 • 13 mins

Did you know some franchise companies have credit scores with the banks?

Gaining an underlying credit default risk score for a franchise brand in the process.

We all know a bit about personal credit scores through our own credit use for homes, cars and the like.

But the way financial institutions treat companies in this way potentially feels a little bit like the 'dark arts' to many.

In this episode, Darryn enlightens us on;

  • The current difficulties with franchise finance,
  • How and why banks increase or reduce their appetite for franchise lending,
  • How brands can improve their lending profile,
  • Why franchise brands often do not give enough information to support franchise lending on their brand,
  • Default risk scores for franchise brands - relatively new in Australia, but well-established in the US,
  • More brands in Australia have been pleasantly surprised by their scores,
  • Key takeaways for a franchise owner accessing finance for their business, and for franchisors looking to grow their network.