A couple of months back, I was somehow allowed to be on a conference call with CEO Matt Shay and some others, from The International Franchise Association. (IFA)
The topic was the lack of availability for small business loans.
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I’m not sure why they allowed a non-IFA member on the call, but I was able to listen in, and participate. I asked Matt if my biggest concern was being addressed;
The lack of start-up franchise loan capital.
Matt assured me that the needs of wannabe franchise owners were being discussed with the folks on Capitol Hill.
As of this writing, I have yet to hear anything mentioned with reference to start-up loans. I’m still only hearing things about current franchise owners needing and finally starting to get some money.
What about you?