Joe Caruso

speaker
4,639 appearances 52 recordings 1 series first heard May 2010 last heard Oct 2012

Joe Caruso’s voice in public audio — every appearance, attributed to the second.

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She's going to tell us about her experience on being on the show, her perspective with the various franchise brands that they have, Mr. Reuter...
Mr. Appliance, and a whole array of other franchises, because they have 1,600 franchisees in their portfolio.
So that's going to be very, very exciting.
And then right after we have another great show, we have Steve Caldera from the IFA on the 16th, and he's going to be talking about the Franchise Convention, IFA Conference,
He's going to be talking about the upcoming Small Business Lending Summit that will be in its second year that's put on by the International Franchise Association in conjunction with the National Restaurant Association and one or more of the various banking associations.
So lending is front and center, and that's why today's show is so appropriate, and we'll be visiting with Bob Coleman just shortly.
Well, what I'm hearing primarily from franchisors and from some franchisees is that they're getting qualified candidates for the most part, and a lot of the loans –
The borrower is attractive, the loan is attractive, but the loan amount is unattractive.
It's like they're not borrowing enough money to make it profitable for the lender to originate the loan.
And I'd be curious if that's something that is common across the board,
in terms of SBA financing.
you know,
sentiment?
Yes.
The topic of credit access or access to credit was a central point in Steve's presentation.
And Steve spoke for over an hour.
And the...
The situation that franchising is faced today is certainly improved.
The IFA has made great strides in working on a bipartisan level with folks in Congress and folks in the Senate and with the administration to make this a central focus for the government to improve access to credit.
and things are looking better.
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