West Coast Franchise Expo to Feature Top Financial Experts: Ifa-Produced Franchise Expos Offer More Than Just Great Concepts and Franchise Opportunities; Learn Financing Tips and Best Practices from the Industry's Top Financial Experts (International Franchise Association)
Franchising World 2009, July, 41, 7
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Publisher Description
With all the doom and gloom about the economy, it would appear that obtaining a business loan is nearly impossible. Though that's not the case, in these difficult times, banks are more conservative when it comes to loaning money, and applying for a loan has become a tedious process. If you're a franchisor trying to prequalify a prospect, or you've researched investing in a franchise or expanding your current franchise portfolio, you are very familiar with this situation. That's where financial experts who understand the "ins and outs" of the loan process can help. What works for one person or business, may not work for another. For some, a loan from the U.S. Small Business Administration is the best source, but for others, a local bank may be the strongest option. So how do you know what's the best fit? And how can franchise trade shows assist?