July 13, 2012
The Atlanta Bread franchise has a shockingly high SBA loan default rate of 49%.
According to the Small Business Administration, Atlanta Bread franchisees have received 102 SBA-guaranteed loans since 2001; nearly half of those loans have been defaulted on by Atlanta Bread franchise owners.
Are you familiar with the Atlanta Bread franchise opportunity? Please share a comment below.
The Atlanta Bread Franchise has a failure rate of 49% for SBA-backed franchise loans
It’s likely that Atlanta Bread franchise owners who received SBA loans may have collateralized their franchise loan with their houses or other personal assets, and nearly half were unable to repay those franchise loans… despite serious incentive to do so.
Are you familiar with the Atlanta Bread franchise opportunity?
What do you think accounts for the SBA loan failure rate of Atlanta Bread franchise owners?
What steps should Atlanta Bread be taking to stop further franchise failures?
Has Atlanta Bread taken serious action to address the problems that led to the 49% loan failures?
Please share a comment, opinion or insight below.
ARE YOU AN ATLANTA BREAD FRANCHISE OWNER OR FORMER ATLANTA BREAD FRANCHISEE? ARE YOU FAMILIAR WITH THE ATLANTA BREAD FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
Tags: Atlanta Bread, Atlanta Bread franchise, Atlanta Bread complaints, sub franchise, bakery cafe franchise, sandwich franchise, franchise opportunity, restaurant franchise, food franchise, franchise failure rate, worst franchise, sba failure rates, SBA franchise loans, franchise information