Franchise Financing Improvement Act of 2014
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
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.
Referred to the House Committee on Small Business.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 5600: Franchise Financing Improvement Act of 2014. 113th Congress. Open America. https://openamerica.io/bill/113-HR-5600/
"H.R. 5600: Franchise Financing Improvement Act of 2014." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-5600/.
H.R. 5600, 113th Cong. (2026), https://openamerica.io/bill/113-HR-5600/.
[H.R. 5600: Franchise Financing Improvement Act of 2014](https://openamerica.io/bill/113-HR-5600/)