Eye Level Now Listed on Small Business Administration's Franchise Registry
Listing Will Accelerate and Improve Franchisee Loans
February 25, 2014 // Franchising.com // Eye Level (www.myeyelevel.com), a supplemental education and enrichment franchise, has announced that the U.S. Small Business Administration (SBA) has included the company on its official Franchise Registry (http://www.franchiseregistry.com). The designation will help expedite the loan process for new and existing franchisees looking to launch or expand their businesses.
"Today, it's clear that education continues to be a top priority as the supplemental education market continues to grow," says Xavier Kim, vice president of franchising. "Our inclusion on the Franchise Registry will be a great tool to help support our growth initiatives by giving franchisees access to easier, more efficient loan application processing."
The Franchise Registry is a national listing of franchisors whose franchise agreements have been reviewed and approved by the SBA, enabling franchisees to get expedited, SBA-guaranteed loans. The Franchise Registry allows the SBA to make consistent eligibility decisions regarding franchise systems, validate viable and thriving companies, and accelerate access to SBA financial assistance.
With nearly 1,150 corporate- and franchise-run learning centers worldwide, Eye Level currently has single- and multi-unit ownership opportunities available and offers protected territories. To become an Eye Level franchisee, individuals must possess a minimum net worth of $150,000 and at least $75,000 in liquid assets. The standard franchise fee is $20,000. As members of the VetFran program, the company offers a $10,000 discount off the franchise fee for qualified veterans and their immediate families, in addition to presenting a $5,000 discount to qualified multi-unit owners.
For more information about franchise opportunities with Eye Level, call 888-835-1212 or visit www.myeyelevel.com.
About Eye Level
Eye Level (www.myeyelevel.com), a supplemental education and enrichment program, offers a teaching philosophy and education method where self-directed learning, individualized academic coaching, and critical thinking are at the core of helping children improve and excel in their academic pursuits. Eye Level has more than 210 centers in the U.S., and more than 950 additional locations throughout the world. Eye Level is a wholly-owned subsidiary of Daekyo Co., founded by Young Joong Kang, who also acts as the Chairman of Daekyo's Board of Directors.
SOURCE Eye Level
Communications Account Executive
O: 609.397.4242 ext. 179
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