Sona MedSpa, The UPS Store, CSC, The CB are all on SBA
Small Business Administration (59 replies) Mon, 2007/07/02 - 12:59
- SBA Misleading Troops to Bad Investments-Patriot Express Pilot (2007-07-02 13:57)
- SBA Guarantees Loans and Franchisors and Banks Always Win (2007-07-04 13:08)
- Calculated Sacrifice of Franchisees to Free Trade Principles? (2007-07-04 13:18)
- Yes contact your elected officials and demand restraint of trade (2007-07-04 13:13)
- Took a Risk and Lost ---Quiznos (2007-09-04 11:02)
- Thanks Original Soupman for the Warning (2007-09-03 12:28)
- Contract Law Protects the Sale of Duds to the Public (2007-11-06 13:35)
- Forbes: l0 Reasons ----Unfair Termination (2007-10-20 12:42)
- SbA in business of Guaranteeing Loans with High Failure Rates (2007-11-01 13:58)
- High Finance and Franchnising (2007-11-08 18:39)
- Sona MedSpa, The UPS Store, CSC, The CB are all on SBA (2007-11-17 11:54)
- YAAWWNN (2007-12-17 12:33)
- Franchise Loan Activity (2007-12-28 15:45)
- FuwaFuwaUsagi--Where do ZORS get their financing? SBA? (2008-02-16 16:14)
- SBA Patriot Express Pilot Loan Program ---VETS BEWARE (2007-07-02 22:11)
- SBA ---Bag Money for the Banks (2007-07-02 13:59)
- Risk of investment (2007-07-04 13:19)
- Z-Rube and you think we appreciate your dishonesty? (2007-07-04 13:09)
- I agree with you for the most part... (2007-07-04 13:10)
- 3% for SBA pool ---WOW ---PATRIOT EXPRESS LOANS (2007-07-04 13:11)
- Huh? (2007-11-06 13:46)
- Tell me Item 20 Ranter... (2007-10-20 12:46)
- Targeting underperformers (2007-10-22 10:43)
- SBA --FRAN DATA SNAPSHOTS MAY BE COVER FOR (2007-11-01 14:17)
- Item 20 Ranter never ceases to amaze (2007-11-17 11:59)
- Not quite a yawn, though I (2007-12-17 12:46)
- Maybe one day the Item 20 Ranter will have something to offer (2007-12-28 16:25)
- Why won't SBA finance the ZOR Corporation? (2008-02-16 17:26)
- ITEM 20 AND FAILUIRE RATES (2007-07-04 13:16)
- Z-rube LISTEN UP (2007-07-04 13:12)
- Z-rube you just don't get it (2007-07-04 13:13)
- God Bless You! (2007-07-04 13:20)
- Regulatory policy (2007-11-06 14:29)
- Government should regulate to protect ----FTC-SBA-IFA REMISS (2007-10-20 16:56)
- "Moved" to Where? (2007-10-20 16:12)
- Does TIF use FranData Research and Snapshots (2007-11-01 14:53)
- Regulatory implementation of statute (2007-11-12 10:49)
- Paul is it your job to rehabilitate the Item 20 Ranter rants? (2007-12-17 18:31)
- what do you offer again? (2007-12-28 16:29)
- Reading Item 20 of the UFOC (2007-07-04 13:43)
- No, Z-Rube your post says what you are saying! (2007-07-04 13:21)
- Item 20 Ranter it is you who cannot answer simple questions (2007-10-20 17:23)
- Is BMM now part of the Trilateral Commission? (2007-10-20 18:06)
- State UFOC must be in compliance with Federal Rule (2007-11-06 14:36)
- One more time I do not broker franchises or have clients (2007-11-01 15:23)
- As a fan of bad puns (2007-12-17 19:57)
- I suppose many things escape you... (2007-12-28 20:08)
- Are new franchisees who buy units from first-generation (2007-07-04 14:24)
- Even a stopped clock is right twice a day... (2007-12-17 20:04)
- i am here... (2008-01-02 20:01)
- In my experience transferees receive a UFOC (2007-07-04 15:12)
- Franchise Transfers (2007-07-04 15:49)
- Why don't you register anonymously? (2008-01-02 20:27)
- Do second generation franchisees get a UFOC (2007-07-04 15:25)
- uh huh. (2008-01-03 13:33)
- If the new zee is expected to sign the current form of agreement (2007-07-04 15:30)
- Why did Requirment UFOC for Transferees present legal disadvanta (2007-07-04 15:35)
- Okay "SleepTight" (2008-01-03 14:24)
- TIF, you forgot to quote me when... (2008-01-03 15:35)
Sona MedSpa, The UPS Store, CSC, The CB are all on SBA
Sona MedSpa, The UPS Store, CSC, The CB, Quiznos and many other franchisors with great failure rates of franchisees are on the SBA Franchise Registry that is managed by FranData.
FranData indicates that they read only the Contract and not the UFOC's and this, apparently, covers them with their "Snapshots" that are sold to the public because they don't even look at the UFOC's. But, how do they pick up the terminations and the total units, etc. if they don't look at Item 20 of the UFOC's?
This doesn't make sense. Is this NEW Unit Performance Data tool of FranData a means of cover for FranData and the SBA who are making loans on franchises with very high failure rates of first owners of their franchises?