The Grease Monkey franchise has a high SBA loan default rate of 23%
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That means that Grease Monkey franchise owners, some of whom may have collateralized their franchise loan with their house or other personal assets, were unable to repay their loans 23% of the time despite having a very serious incentive to do so.
The Grease Monkey Franchise has a failure rate of 23% for SBA-backed franchise loans
Are you familiar with the Grease Monkey franchise opportunity?
What do you think accounts for the high SBA loan failure rates of Grease Monkey franchise owners?
What steps should Grease Monkey be taking to stop further franchise failures?
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ARE YOU A GREASE MONKEY FRANCHISE OWNER OR FORMER FRANCHISEE? ARE YOU FAMILIAR WITH THE GREASE MONKEY FRANCHISE OPPORTUNITY? PLEASE SHARE A COMMENT BELOW.
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