TRUE VALUE Franchise Complaints
July 17, 2012
The True Value franchise has a relatively high SBA franchise loan default rate of 20%. True Value is listed by the SBA among the worst franchises by SBA loan default.
Are you familiar with the True Value franchise opportunity? Please share a comment – positive or negative – below.
According to the Small Business Administration, True Value franchisees have received 111 SBA-guaranteed loans; one-fifth of those loans have been defaulted on by True Value franchise owners.
True Value member-owned cooperative and wholesale distributor of hardware, lumber and building materials. In addition, True Value Company offers other specialty franchise opportunities under such brands as Grand Rental Station, Taylor Rental Center, Party Central party supply rental franchise.
True Value has an SBA franchise loan default rate of 20%
Are you familiar with the True Value franchise opportunity?
What do you think accounts for the SBA loan failure rate of True Value franchise owners?
What steps should True Value be taking to stop further franchise failures?
Have True Value taken serious action to address the problems that led to the 20% loan failures?
Please share a comment, opinion or insight – positive or negative – below. Company rebuttals welcome.
ARE YOU A TRUE VALUE FRANCHISE OWNER OR TRUE VALUE FRANCHISEE? ARE YOU FAMILIAR WITH TRUE VALUE FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
Tags: True Value, Grand Rental Station franchise, Taylor Rental Center franchise, Party Central franchise, Winmark Corporation, True Value franchise, True Value franchise complaints, True Value franchises, True Value complaints, franchise opportunity, hardware franchise, rental franchise, failure rate, worst franchise, sba failure rates, SBA franchise loans, franchise information, unhappy franchisee
Comments
One Response to “TRUE VALUE Franchise Complaints”
Had a very bad incident occure on product return policy where owner called my house and complained. This escalated to their place of business with owner at full on attitude which in turn has placed me to avoid buying there. Being a very small town and former business owner my self, I was shocked and have spoken to several other different owners that I personally know about this issue. Whom can I contact further on this subject?
Thankyou,
Robert C. Oct 20, 2012 Kouts, In 46347
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