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A&W Restaurants Qualifies for SBA Registry; Expedites Credit for Franchisees Growth.


LOUISVILLE, Ky. -- A&W Restaurants, Inc., which is celebrating its 90th anniversary by introducing a new state of the art drive-in concept, has been approved by the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  Small Business Administration (SBA SBA
abbr.
Small Business Administration

Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government
) for listing on the SBA Franchise Registry. The action will expedite the process for new and existing A&W franchisees to obtain loans to start or expand their businesses with the iconic A&W Restaurant brand.

The Franchise Registry, operated by Fran Data in partnership with the SBA, is an online national registry of franchise systems whose new and existing franchisees receive streamlined loan processing. Fewer than 30 percent of all franchise systems qualify to be listed on the Registry. Applicants must submit their franchise contracts to ensure compliance with strict SBA criteria.

"In this challenging credit environment, we want to give our franchisees every advantage to secure financing for their new drive-in asset," explained Ben Butler Ben Butler might refer to:
  • Benjamin Franklin Butler (politician)
  • Ben Butler (actor) a contemporary American actor.
, A&W Restaurants' president. "We believe getting on the SBA Registry is a major step in that effort."

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Butler, A&W has targeted a number of markets for growth including Milwaukee, Portland and more in Michigan, Minnesota and other Midwest Markets.

"A&W Restaurants satisfies customers every day with our delicious burgers, fries and our freshly made Root Beer," Butler added. " This year we will build on our drink heritage by rolling out four new lines of delicious drinks ---Blenderrrs with real candy pieces, Smoothees with real chunks of fruit, Slushees with real fruit juice and Limeades with real lime. We look forward to continuing our reemergence with franchisees ready to meet the demand of our loyal following."

About A&W[R]

The A&W[R] brand was founded in 1919, and A&W[R] All American Food[R] is famous for serving a signature frosty mug root beer Mug Root Beer is a brand name of root beer made by the Pepsi company.

Mug was first produced by the Belfast Beverage Company in San Francisco, California during the early 1950s. Its name was changed to Mug Old Fashioned Root Beer.
 float and 100% US beef hamburgers and Coney coney or cony (both: kō`nē), name used for the rabbit (Oryctolagus) and for its fur; more often, for the pika, a small rodent found at high altitudes in both hemispheres; and for the hyrax, a small herbivorous,  dogs. There are more than 675 A&W All American Food outlets in 15 countries and territories around the world, and more than 600 additional points of distribution at Yum! Brands multibrand restaurants. A&W Restaurants, Inc. is a subsidiary of Yum! Brands, Inc. (NYSE NYSE

See: New York Stock Exchange
: YUM), Louisville, Ky. Additional information is available at www.awrestaurants.com
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Copyright 2009 Gale, Cengage Learning. All rights reserved.

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Publication:Business Wire
Date:May 6, 2009
Words:365
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