SBA | BlueMauMau

Obama Asks for Leaner Govt, Promotes SBA Head

Posted Sat, 2012/01/14 - 15:43 by BMM

In East Room, Obama asks Congress to give him authority to consolidate federal government agencies

photo: Lawrence Jackson, White House Photographer

WASHINGTON, D.C. — President Obama announced yesterday an initiative to merge commerce-related departments of the federal government into one entity and to promote the Small Business Administration head to Cabinet member. Franchisor and franchisee advocates are generally positive about the move.

Small Business Lending Declines

Posted Fri, 2011/10/14 - 09:57 by BMM

Small business lending and gross domestic product, june 2005 - june 2011

Source: U.S. Small Business Administration Office of Advocacy

WASHINGTON — A quarterly report released today from the Small Business Administration shows that lending to small businesses continues to shrink.

SBA Liar Loans Are Not Surprising

Posted Mon, 2011/10/03 - 15:58 by Bob Snelling

Regarding the current exposé by Blue MauMau on bogus franchise loans by bankers, loan brokers and franchisees in order to have Small Business Administration-guaranteed loans for otherwise bad investments...

Liar Loans Pt 5: Different Books for Different Folks

Posted Mon, 2011/10/03 - 09:09 by Don Sniegowski

See no evil, hear no evil, speak no evil

Representing the franchise lending process? photo/rose robinson

LEXINGTON, Ky. — Franchisees of Huntington Learning Center, The Coffee Beanery and more say that the system was stacked against them. What irks them is that their franchisors had access to the real numbers while they struggled to get a scrap of financial information, any information, from a single store.

Liar Loans Pt 4: SBA Franchise Lenders Hit

Posted Fri, 2011/09/30 - 01:29 by Don Sniegowski

franchisees, tax payers and investors feed bankers LEXINGTON, Ky. —Franchisees aren't the only ones who have been hurt by bad SBA liar loans backed by tax payer dollars.