Key Takeaways
- TPS franchise owners qualify based on franchise unit revenue
- Buying a franchise, adding a unit, or renovating qualify as uses
- The SBA no longer funds TPS franchise owners — Bankable does
- Fast food, service franchises, and home services franchises all qualify
- 48-hour decisions — fund your franchise opportunity before it closes
Franchise ownership has long been considered a reliable path to business ownership because the system is proven and support is built in. Many TPS holders have become successful franchise owners in fast food, home services, automotive, and fitness industries. The SBA's Franchise Registry historically made it easier for franchisees to get SBA loans — but the 2026 citizenship requirement now blocks every TPS franchise owner from that pathway.
Bankable fills that gap. We evaluate franchise businesses on their unit economics: sales per square foot, franchise brand strength, your individual unit's revenue history, and the health of your relationship with the franchisor. A TPS owner of a franchise unit doing $600K annually in sales is a bankable business. Learn more about buying a franchise as a TPS holder.
Franchise Funding Uses
- Franchise purchase: Fund the franchise fee, buildout, initial inventory, and working capital to open a new unit
- Additional unit acquisition: Expand from one franchise location to two or three
- Renovation: Fund required franchisor refreshes and image updates
- Equipment: Replace aging franchise equipment with new units
- Working capital: Bridge cash flow gaps during slow seasons or ramp-up periods
Frequently Asked Questions
Yes. TPS holders with EADs and EINs can own and operate franchises. Bankable provides the funding that the SBA no longer offers to TPS franchise owners.
We evaluate the franchise brand alongside unit economics. Most established QSR, home services, fitness, and automotive franchise brands qualify. We review the specific brand during underwriting.
Franchise fees range from $15,000 to $50,000. Total investment including buildout, equipment, and working capital can be $80,000-$500,000 depending on the brand. Bankable can fund a significant portion.
Typically 10-30% of total project cost. A $250,000 franchise opening may require $25,000-$75,000 in equity from you.
Yes. Existing franchise owners with operating revenue can access working capital and expansion funding based on their unit's performance.
Franchise loans consider the franchisor's brand performance and unit economics in addition to your individual unit's revenue. Well-established franchise brands qualify for better terms.
Some franchise agreements specify SBA as the preferred lender. If the 2026 SBA rule disqualifies you, speak with your franchisor about alternative financing acceptance — most will accommodate when SBA is unavailable to you.
Check your Bankability Score at our website or call (786) 443-5511. You need your EIN, 6 months of bank statements, your franchise disclosure document (FDD), and your franchise agreement if already signed.