SBA Misleading Troops to Bad Investments-Patriot Express Pilot

SBA Misleading Troops to Bad Investments-Patriot Express Pilot

With the introduction of the Patriot Express Pilot Loan program for Vets in cooperation with VET-Fran-VA and the SBA Registry and the SBA Loan Default List, the SBA is in the position of harming Veterans, National Guard, and Reserve Troops, their spouses, and other targets of franchisors.
The real and true risk of the franchised business opportunities on the SBA Registry will be hidden from view because the real failure rate of the franchised business opportunities for first-generation franchisees(who provide the capital and labor to build the brand units) will be hidden from view in the Item 20 columns of the UFOC's.
This is disgraceful and unworthy of our graat country and our promise of liberty and justice for all.

Small Business Administration By: Mr. Blue MauMau (59 replies) Mon, 2007/07/02 - 10:59