Before retirement, I ran a franchising company, and occasionally our franchise buyers would need to take out a loan to buy the equipment, and pay for the franchise fee. However, whenever someone told me that they wanted to get an Small Business Administration loan, I had to think twice about selling the franchise because I was worried it might take too long for them to get approved, and get funded so they could order their equipment, and eventually start their business. You see like any franchisor, I was on a mad dash to put in as many units throughout the country as possible in the shortest amount of time.