Franchise Wire:
Vintner’s Circle, a franchised winemaking shop operating five franchised stores and one corporate store throughout New Jersey and Pennsylvania, announces today it has been approved by the U.S. Small Business Administration for listing on the SBA Franchise Registry, which will expedite the process for franchisees to get loans to start or expand their businesses with Vintner’s Circle.
Fewer than 30 percent of all franchise systems qualify for listing on the registry, which is an online national registry of franchise systems. Applicants must submit their franchise contracts to ensure compliance with strict SBA criteria.
“We wanted to give our prospective franchisees every advantage to secure financing for their new winemaking shops in this challenging credit environment,†said Vintners Circle Franchising president David Schmeltzle. “We believe getting on the SBA Registry is a major step in our franchise development plans.â€
