The Franchise King®

The Franchise King® Is Not Being Paranoid

Small Business Loans Drop By $10 Billion

(This post may contain affiliate links. Please read my disclosure policy).

(From CNN.com, today)

"Some banks are unapologetic about their cutbacks. Small business
defaults are soaring, and banks are under pressure to shore up their
balance sheets and reduce their exposure to risky loans. Two key small
business lenders, CIT Group and Advanta, filed for bankruptcy this
month."

This is not paranoia. This is reality.

I have been telling folks this for the last month via;



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  • Radio programs
  • Interviews
  • Blog articles
  • Phone consults
  • Franchise seminars
  • Social media
  • WhiteHouse.Gov

Some folks feel that I am sometimes a little negative.

Some folks feel that I speak the truth-even if it is negative.

What do you think?

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franchise article written by joel libava
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joel libava

I'm The Franchise King®, Joel Libava. I help prospective franchise owners avoid bank account emptying mistakes.
For 23 years, I’ve been showing people how to make smart, informed decisions on franchises to buy, and I can help you, too!
P.S. I'm not a franchise consultant/broker.

Joel is Highly Principled
There are many people in the franchise business who claim to to be experts in the field. Unfortunately many of them lack both knowledge and integrity. Joel, however, is without question one of the most qualified and principled people I know, in or out of his industry."
- Greg Reynolds, Retired Outplacement Counselor
"Many receive advice, only the wise profit from it."
- Harper Lee

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