Marketwire:

Sylvan Learning, Inc., North America’s most recognized provider of supplemental education, announced today it has signed an agreement with Diamond Financial Services for a preferred franchise financing program. Available only to Sylvan Learning franchisees, the program offers reduced fees and access to capital.

Diamond Financial Services will offer Sylvan franchisees a special 25 percent reduced fee for their SBA Loan Program, which includes loans for start-ups, remodels, refinances, expansions and resales. In addition, Diamond Financial will give franchisees a credit back on successful funding on their Unsecured Loan Program (UBLOC), which includes business credit lines ranging from $40,000 to $100,000.

“We are pleased that Diamond Financial Services has agreed to offer both our existing and new franchisees these exclusive preferred financing benefits,” said Curt Hapward, Sylvan Learning’s vice president of franchising. “In these challenging economic times, reduced fees and access to capital are extremely valuable to those who are trying to break into franchising, as well as those who want to expand or refinance their centers.”