Franchise Lending

Every FDD read end to end and turned into a cited brand profile before the first unit is underwritten.

Every new unit modelled from the brand’s own disclosed numbers, with royalty, ramp-up and stress built in.

Every franchise agreement abstracted and checked against the loan, so none ends before the loan does.

Every site lease checked against the loan term, renewal options and landlord waiver before build-out money moves.

Dozens of units and entities spread into one global cash flow, with weak units shown, not averaged away.

Every brand in the book watched year-round, so trouble is seen in the FDD before payments slip.