November 24, 2008

Dow Jones' Richard Gibson on Franchise Financing

Skinner says:

The money is still available, although it might take longer to process loan applications and the cost may be "a bit higher,"



Anonymous said...

BS...tell Jim that BoA says no money available at the present time, the "portfolio is full".

Richard Adams said...

Jim already knows that. The Chase entity mentioned in this article is actually Golden Mac, the finance arm of System Capital Corp.

Chase just manages the business for MCD and the MCD vendors who own SCC.

We all know that Oak Brook decides who gets loans from Golden Mac.

Anonymous said...

they pretend they have loans avalible and we pretend we want to borrow money for cbb