The Franchise King®

The Franchise King® Is Not Being Paranoid

Small Business Loans Drop By $10 Billion

(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;

  • 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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I'm The Franchise King®, Joel Libava. For 24+ years, I've helped thousands of people avoid bank account emptying mistakes.
If you want to make a smart, informed decision on franchises to own, I can help you, too! Note:
I'm NOT a franchise broker/consultant/coach.
See how I'm different.

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"We engaged Joel's services at a very reasonable cost. He has impressive knowledge of this industry, he is honest, and very pleasant to speak to. There is no question that Joel added the clarity and in depth understanding of the franchise business that we needed. I can call Joel a friend. PS. Read his franchise research ebook!"
- Yolanda Wheaton, Georgetown, Texas
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