Bob Coleman
speaker
955 appearances
2 recordings
1 series
first heard Jan 2012
last heard Mar 2012
Bob Coleman’s voice in public audio — every appearance, attributed to the second.
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Appearances
what's going on a franchise and educating the lenders about
um where they can get access to information that can that can make their job easier, absolutely.
And when you're talking about the coding
Um, it that is that is a function that's very difficult because that is something that's done at the bank level who and they have to instruct SPA
that hey this is this is a a a franchise loan for all their their computer systems
But it's very simple.
Um, you had alluded to earlier that
that one of the problems that the banks have
or excuse me, I apologize.
One of the problems that the franchisees have is the banks aren't lending them enough money and when there's not enough money it's a lower lower a dollar amount for the banks to make a lot of income.
So the problem is they have a limited amount of time to underwrite these loans.
And unfortunately, preconception
And biases can come into it.
I I and we all know this.
There's a I talked to a lender yesterday
Um
excuse me, to a franchise system.
Yesterday
with J P.
Morgan Chase and they said, Hey, you are on our
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