{"ok":true,"canonical_url":"https://dealroom.so/glossary/unlisted-franchise-agreement","api_url":"https://dealroom.so/api/public/glossary/unlisted-franchise-agreement","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"unlisted-franchise-agreement","term":"Unlisted Franchise Agreement","group":"People and paperwork","definition":"A franchise agreement for a system not approved and listed on the SBA's Franchise Directory. This requires extra review and specific addendums for SBA loan eligibility.","what_it_means":"If the business you're buying is a franchise not on the SBA Franchise Directory, your lender must review the franchise agreement to ensure it meets SBA affiliation and eligibility rules. You'll likely need a Franchise Agreement Addendum to be signed by the franchisor.","url":"https://dealroom.so/glossary/unlisted-franchise-agreement","official_sources":[{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"},{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"}],"related":[{"slug":"franchise","term":"Franchise","url":"https://dealroom.so/glossary/franchise"},{"slug":"franchise-directory","term":"Franchise Directory","url":"https://dealroom.so/glossary/franchise-directory"},{"slug":"franchise-agreement","term":"Franchise agreement","url":"https://dealroom.so/glossary/franchise-agreement"},{"slug":"franchise-agreement-addendum","term":"Franchise Agreement Addendum","url":"https://dealroom.so/glossary/franchise-agreement-addendum"}],"related_questions":[{"question":"What specific due diligence is required for an unlisted franchise agreement lacking SBA formal review?","url":"https://dealroom.so/for-lenders/questions/what-specific-due-diligence-is-required-for-an-unlisted-franchise-agreement-lacking-sba-fo"},{"question":"What is the lender's process for submitting an unlisted franchise agreement for SBA eligibility review?","url":"https://dealroom.so/for-lenders/questions/what-is-the-lender-s-process-for-submitting-an-unlisted-franchise-agreement-for-sba-eligib"},{"question":"What is the specific lender process for submitting an unlisted franchise agreement for SBA review and eligibility determination?","url":"https://dealroom.so/for-lenders/questions/what-is-the-specific-lender-process-for-submitting-an-unlisted-franchise-agreement-for-sba"},{"question":"What documentation is required from a franchisor for an unlisted franchise to be reviewed for 7(a) eligibility?","url":"https://dealroom.so/for-lenders/questions/what-documentation-is-required-from-a-franchisor-for-an-unlisted-franchise-to-be-reviewed-"},{"question":"What if a franchise agreement is not listed on the SBA Franchise Directory?","url":"https://dealroom.so/for-lenders/questions/what-if-a-franchise-agreement-is-not-listed-on-the-sba-franchise-directory"},{"question":"What specific documentation does a lender need to verify an unlisted franchise's eligibility for a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/what-specific-documentation-does-a-lender-need-to-verify-an-unlisted-franchise-s-eligibili"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Unlisted Franchise Agreement","url":"https://dealroom.so/glossary/unlisted-franchise-agreement","source_type":"DealRoom Data"}}