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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."



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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 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.

Straightforward Advice
Joel, thank you for taking the time to speak with me yesterday. It was refreshing to finally speak with someone in franchising who dishes out straightforward, candid advice. You provided me with some insightful ideas that I'm giving a good deal of thought and consideration to. I look forward to speaking with you on our next consultation call."
- John Timmins, Columbia, South Carolina
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