Money Squeeze Rippling Beyond the Headlines

Posted by Tim Hope on 9/22/08 11:44 am

Franchisees of a major worldwide fast food chain are experiencing difficulty obtaining financing for routine business improvements through their usual lender, a major money center bank.  The problem is so acute that some franchisees are being encouraged to locate other sources of lending themselves.  This is a surprising development given that such borrowing would seem to be the bread and butter of any lender.  Click here to read the whole story.

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