The SBA Franchise Directory is officially back online from June 1, 2025, and with it comes a series of critical updates for franchisors and franchisees discussed in the virtual briefing led by Stephen Olear, Senior Franchise Counsel at the U.S. Small Business Administration. The SBA Franchise Directory was intended to simplify the loan approval process for franchisees by providing the lender with the information of franchise systems that already evaluated and pre-screened by the SBA as meeting the SBA’s eligibility requirements for SBA financial assistance.