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Operators face loan repayment fallout.
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- Author(s): Halpern, Joe
- Source:
Franchise Times (1530-3748). Sep2024, Vol. 30 Issue 8, p36-37. 2p.
- Subject Terms:
- Additional Information
- Abstract:
The article focuses on the financial pressures franchisors and franchisees face due to rising costs and the need to refinance amid a cautious banking environment. Topics include the challenges of repaying Main Street Loan Program loans, the impact of increased interest rates on loan payments, and the broader financial strain from the pandemic's economic fallout.
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