PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the House Committee on Small Business.
Congressional Research Service
Version 00 · Introduced in House · Sep 18, 2014
Franchise Financing Improvement Act of 2014 - Amends the Small Business Act to direct the Administrator of the Small Business Administration (SBA) to make financial assistance available to franchisees under the Act or the Small Business Investment Act of 1958 if the franchisee is not affiliated with the franchisor.
Declares that a franchisee shall not be considered affiliated with the franchisor if:
the franchisor has filed a disclosure document pursuant to specified federal regulations; and
the franchisee, upon default on a loan (whether guaranteed by the SBA or not), has no ability to obtain financial assistance from the franchisor to repay the loan.
Declares further that a franchisor's authority to repurchase the franchise for noncompliance with its terms and conditions, or to have the right of first refusal to purchase it from the franchisee, shall not be considered financial assistance to repay loans issued to the franchisee.
People & committees
Rep. Graves, Sam [R-MO-6] · R–MO
Legislative record
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Referred to the House Committee on Small Business.
Introduced in House
Introduced in House
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Source last updated: Aug 12, 2025. Consult Congress.gov for the current record.
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