July 13, 2012
The Murphy’s Deli franchise has a high SBA loan default rate of 34%.
According to the Small Business Administration, Murphy’s Deli franchisees have received 42 SBA-guaranteed loans to date; more than one-third of those loans have been defaulted on by Atlanta Bread franchise owners.
Are you familiar with the Murphy’s Deli franchise opportunity? Please share a comment below.
The Murphy’s Deli Franchise has a failure rate of 34% for SBA-backed franchise loans
It’s likely that Murphy’s Deli 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 Murphy’s Deli franchise opportunity?
What do you think accounts for the SBA loan failure rate of Murphy’s Deli franchise owners?
What steps should Murphy’s Deli be taking to stop further franchise failures?
Has Murphy’s Deli taken serious action to address the problems that led to the 34% loan failures?
Please share a comment, opinion or insight below.
ARE YOU A MURPHY’S DELI FRANCHISE OWNER OR FORMER MURPHY’S DELI FRANCHISEE? ARE YOU FAMILIAR WITH THE MURPHY’S DELI FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
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