Financing is still a challenge for franchisees

01/26/2010 | Kansas City Star (Mo.), The

Although franchises including Snap Fitness, McDonald's and Mr. Goodcents Subs & Pasta have opportunities available, would-be franchisees are struggling to secure the necessary funding. Banks are expected to loan $6.7 billion to franchises this year, but demand could be $10.1 billion, according to the International Franchise Association. "Banks have money to lend, but they're holding on to it," IFA's Alisa Harrison said.

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Kansas City Star (Mo.), The

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