SBA Form 2464, Annual Franchisor Certification

SBA Form 2464, Annual Franchisor Certification
SBA Form 2464, Annual Franchisor Certification

What Is SBA Form 2464?

SBA Form 2464, Annual Franchisor Certification is a form filed by an authorized representative of a Franchisor to certify that the terms of the Franchisor’s current agreement have not substantively changed from those in the most recent franchise agreement reviewed by the Small Business Administration (SBA) for placement on the SBA Franchise Directory. The form is required to be submitted only in the Franchisor is listed on the SBA Franchise Directory as using no addendum or using an SBA-negotiated addendum. The certification is completed annually and must be submitted no later than April 30.

The latest edition of the form was released by the SBA in January 2018 with all previous editions obsolete. The new SBA Form 2464 fillable version is available for digital filing and download below:

SBA Form 2464 Instructions

The certification requires the Franchisor’s representative to submit the Franchisor’s full legal name, their SBA Franchise Code as listed on SBA Franchise Directory before signing the form and providing their own name, title and company name.

The Franchisor’s representative must certify and acknowledge the following:

  • The terms of the Franchisor’s current agreement that affect affiliation between the Franchisor and the Franchisees have not substantively changed from those appearing in the most recent SBA-reviewed agreement.
  • No changes have been made to the SBA Negotiated Addendum.
  • All of the information provided on the SBA Form 2464 is accurate and complete.
  • The SBA will rely upon the provided information to determine the eligibility of the Franchisees for SBA financial assistance.
  • Submitting false information or withholding certain information from the SBA can result in criminal prosecution.
  • Copies of the current franchise agreement and related paperwork have to be provided upon the SBA’s request.

SBA Form 2464 Related Publications

  • The SBA Form 2462 (Addendum to Franchise Agreement) is a form used completed by a Franchisor and a Franchisee when the Franchisee applies for SBA-assisted financing. By executing this Addendum, the Franchisor agrees that any terms in the franchise agreement will not be enforced against the Franchisee during the life the SBA-guaranteed loan.
  • The SBA Form 2463 (Franchisor Certification) is a document submitted with an SBA-negotiated addendum. This form is used only the Franchisee applying for SBA financial assistance is or will be operating under a version of the Franchisor’s franchise agreement that includes the SBA Negotiated Addendum and the terms of which that affect the affiliation between the Franchisor and the Franchisee are unchanged from the agreement reviewed by the SBA.

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