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The Franchise King® Is Not Being Paranoid

Small Business Loans Drop By $10 Billion

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(From, today)

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"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

This is not paranoia. This is reality.

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

  • 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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joel libava

I'm The Franchise King®, Joel Libava. I help prospective franchise owners avoid bank account emptying mistakes. For over 20 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.

“I've been a fan of Joel's for years. He's picked a niche and made himself the undisputed expert. I'd recommend him to anyone looking to start a franchise. "
- Gene Marks, Business Expert, Keynote Speaker
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