The news reports that franchise lender GE Capital was halting new lending to potential restaurant franchisees was just another bit of bad news for operators feeling the fallout from the Wall Street meltdown.
Tightening credit markets have forced restaurant operators from all segments of the industry to put expansion plans on hold as sources of financing dry up.
Tony Vanjohnson, founder of the six-unit fast casual chain Margaritas in Cincinnati. Is already seeing the economic crisis put a damper on his company's expansion plans.
The franchise listed above are not related to or endorsed by Franchise Update or Franchise Update Media Group. We are not engaged in, supporting, or endorsing any specific franchise, business opportunity, company or individual. No statement in this site is to be construed as a recommendation. We encourage prospective franchise buyers to perform extensive due diligence when considering a franchise opportunity.
