July 15, 2012
The Max Muscle franchise has an alarmingly high SBA loan default rate of 48%. Max Muscle is listed by the SBA among the worst franchises by SBA loan default.
Are you familiar with the Max Muscle franchise opportunity? Please share a comment below.
Max Muscle franchisees have received 58 SBA-guaranteed loans since 2001; nearly half of those loans have been defaulted on by Max Muscle franchise owners.
The Max Muscle Franchise has a failure rate of 48% for SBA-backed franchise loans
It’s likely that Max Muscle 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 Max Muscle franchise opportunity?
What do you think accounts for the SBA loan failure rate of Max Muscle franchise owners?
What steps should Max Muscle be taking to stop further franchise failures?
Has Max Muscle taken serious action to address the problems that led to the 48% loan failures?
Please share a comment, opinion or insight below.
ARE YOU A MAX MUSCLE FRANCHISE OWNER OR FORMER MAX MUSCLE FRANCHISEE? ARE YOU FAMILIAR WITH MAX MUSCLE FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
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