Listing expedites SBA loan process for franchisees.
July 29, 2014 — Athena Learning Centers of Princeton, NJ announced today that the United States Small Business Association (SBA) has approved Athena’s registration to be on the SBA’s Franchise Registry. Approval on the Franchise Registry (franchiseregistry.com) allows Athena franchisees to streamline their loan application process for a SBA-backed loan. The Franchise Registry is a program in partnership with the SBA that allows potential franchisees to search a franchisor by name or industry to see which franchisors are in the registry’s database.
According to the SBA website, applicants for SBA-approved franchises benefit from a streamlined review process that expedites their loan application. Because the particular franchise is pre-approved, the loan review is less complex and focuses on specific aspects of that brand’s business plan.
“Being on the Franchise Registry is consistent with our strong desire to make owning an Athena franchise as simple as possible, says Athena’s Co-founder and COO Deven Klein. He adds, “I know from personal experience that our franchisees who seek a SBA-backed loan will cut their processing times significantly due to the streamlined review process that comes from being on the Franchise Registry.”
Athena Learning Centers are a community of year-round Learning Centers that offer K-12 students innovative solutions for improving their math and reading skills in preparation for success in college and the 21st century workplace. Athena’s after-school program curriculum is directly aligned with the Common Core State Standards. The company currently has franchises established in New Jersey, Texas and Florida, and plans to open 20 more in 2014.
About Athena
Athena offers the industry’s most innovative solutions for K-12 students, with a curriculum that is directly aligned with the Common Core State Standards. As a franchise investment opportunity, Athena Learning Centers partnered with best-in-class providers of education products and business services to provide franchisees with state-of-the-art systems and the Athena Advantage educational package to use in each of its franchised locations nationwide. This package will give Athena Learning Centers a competitive edge in the marketplace. See more at: www.athenalearningcenters.com.