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States, where payday lending has its origins, the industry has become synonymous with legitimized loan sharking.
The Toronto Star
June 19, 2004
The tangled web of payday loans
Quick cash outlets have
http://www.wikidfranchise.org/20040619-the-tangled
Government loan programs: taxpayers on hook for misuses
Canada Small Business Financing Act
Government guaranteed loan approved extremely quickly
Government guaranteed loans, abolish program
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House announced a plan to "unlock credit for small business" that includes boosting the federal government's guarantee of loans backed by the Small Business Administration to 90 percent, up from 75
http://www.wikidfranchise.org/20090331-recession-proof
guaranteed loan program very attractive to fraud, Government guaranteed loan disbursed before franchise agreement seen, Government guaranteed loan filled out by sales agent, Government guaranteed loan
http://www.wikidfranchise.org/20050225-franchising-opportunism
heard of that problem
Gouging on supplies
Government as system’s ultimate liar
Government corruption
Government guaranteed loan approved extremely quickly
Government guaranteed loan disbursed before
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Bank of Canada, Franchise banker, Canadian Franchise Association, CFA, Government guaranteed loans, Symbiotic relationships (industry, banks, lawyers), Necessary illusions, Banker says franchised
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, Government guaranteed loans, U.S. Small Business Administration, SBA, Forced to spend on renovations, Only interested in good news stories, United States, 20080701 A Look
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, Sheraton Inns, Tastee Freeze, and Mercedes Benz, had a failure rates between 11.6 and 33.3 percent on SBA loans, and loan guarantees. The failure rates for the 30 non-major franchisors, such as Crazy
http://www.wikidfranchise.org/1990401-problematic-relations
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Risks: Government guaranteed loan filled out by sales agent, SBA 7a loans used to fuel franchise bubble, Follow the money: franchising re-distributes
http://www.wikidfranchise.org/20100520-crooked-loan
is widespread, Fraud on the public purse, Fraudster accountant, Fraudster banker, Fraudster broker, Government corruption, Government guaranteed loan misapplied, Government guaranteed loan program
http://www.wikidfranchise.org/20101127-loan-fraud
