IFA predicts Lending Shortfall for Franchises
The continuing credit crisis will lead to a $3.4 billion shortfall in lending to franchise businesses in 2010 unless the government intervenes, according to new data released Wednesday by the International Franchise Association. The IFA said that if no steps are taken to increase the flow of capital into the franchising sector, next year's projected shortfall could prevent the creation of 134,000 new jobs and $13.9 billion in economic output. See IFA press release here.
We have SBA franchise financing...details here!
Business/Franchise financing with NO income or credit check and doesn't create debt!
New Financing for Medical
Professionals Only!
Up to 100% for purchase
Up to 85% refinancing

More info
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FREE REPORTS
The 4 Most Common Commercial Mortgage Mistakes (And how to avoid them)...click here
Rural Area Financing with possible 100% Financing...click here
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Commercial Loan Modifications
Are you behind on your commercial
mortgage payments, have an interest
rate change or balloon payment
coming due? Let our loan modification negotiators work with your lender to
modify your current mortgage resulting
in lower payments and helping you keep
your property. Read more
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Mike Gartside- President
410.893.1086
Toll Free: 877.893.1086
Mike@AggressiveSolutionsLLC.com
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SBA Headline News
Florida Congressman Vern Buchanan Says 33% of Small Businesses Will Fail Without Access to Capital (Which SBA is not doing)
Congressman Buchanan pressed the SBA to increase credit available to small businesses. Buchanan is a member of the House Small Business committee, which heard testimony from the SBA Administrator Karen Mills.
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House of Representatives an $80 Million Subsidy for SBA's 7(a) Program- $848 Million in Total SBA Funding for FY2010
The House passed legislation that provides $848 million in funding for the Small Business Administration next year, $69 million more than requested by the Obama administration. The $80 million subsidy, which the Senate's version of the SBA approprations bill also includes, will enable the agency to support up to $17.5 billion in government-guaranteed 7(a) loans while keeping fees low...keep reading
Karen Mills on Thawing Credit-Business Week
Excerpt: Some banks say businesses that are coming to them now are less credit worthy, so they can't make loans.
Mills: Many small businesses are under duress and looking for liquidity. But we are not taking more risk, and banks are not sending us loans that are riskier. We are not using tax payer money to go down the risk curve...keep reading
DRAMATIC CUTBACKS FROM TOP SBA LENDERS- USA Today- Some small businesses still struggling to get financing.
First 7 Months of FY2009- Wells Fargo $353 million (1.9%), PNC $85 million (-18.2%), US Bank $181 million (-36.4%), Wachovia (-49.9%), JP Morgan Chase $43 million (85.3%), Citigroup $5 million (-86.2%), Bank of America $10 million (-89.7%)...keep reading
SBA Policy Notice- Debt Refinancing Under the 504 Update 6/23/09
SBA Policy Notice
