Update- In 2023, the SBA Franchise Directory was discontinued nationally. We're keeping this blog up for archiving purposes and to direct those who may be interested in financing to work with our partners at Affirm.
We’re so happy to announce that Let Mommy Sleep Franchising is now part of the Small Business Administration’s Franchise Directory! The Directory includes only business models that are reviewed and found eligible under SBA's affiliation rules. As it says on the SBA website, the SBA is the only go-to resource and voice for small businesses that is backed by the strength of the federal government.
Since the eligibility of brands on this list are checked and cleared by the SBA, the finance processing time and making it more efficient for entrepreneurs. Once franchisors have filed the proper paperwork, lenders can process loans without further review of the franchise documents. This means that potential franchisees can streamline the loan process and get easier access to capital.
Let Mommy Sleep remains 100% woman owned and operated, so this program is very meaningful to us as we look to expand beyond our current markets. As SBA Associate Administrator William Manger Manger said in 2018, This is extremely important as the SBA has seen an increase in the number of entrepreneurs opening franchises, especially among women.
In addition to these financing options, entrepreneurs-to-be can visit the SBA for more info on finding a franchise that fits, building a business model and more. To receive more information about Let Mommy Sleep Newborn Care, please click here. And to see our team of night nannies and baby nurses in action we can always connect on Facebook or Instagram!