4 SBA loans have financed Federico's Mexican Food Restaurant - Trade Name and Licensing Agreement locations since 2020, written by 2 different lenders across 2 states. Half were approved for $650K or less, the mix is 504-heavy, and 50% went to owners whose business was under two years old.
A lender that has already underwritten this brand knows the unit economics, the build-out costs, and the franchisor. That is worth more to you than a bigger bank starting from scratch.