The Small Business Administration's Office of Inspector General published yet another study highlighting the SBA's oversight failures as financial institutions continue underwriting franchise loans that do not meet SBA lending criteria.
Cici's wants more franchisees leasing its properties and paying royalties. But for prospective franchisees, it has been tough to obtain loans to buy a franchise.
Steve Caldeira, IFA's new president, is focusing his efforts to increase lending to the franchise industry. Caldeira is lobbying lawmakers to show them "the steps Congress can take to encourage more banks to lend to franchise businesses."
2010 will be remembered as a lending year that is lower than even 2009’s dismal lending. The federal government is trying to make up for the credit crunch through SBA-backed loans.&n
WASHINGTON, D.C. (Blue MauMau) - Small business owners are finding it increasingly difficult to obtain loans to expand operations, replace aging equipment and weather seasonal troughs. How difficult?