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ASK THE EXPERTS: Where can an operator find capital in a tough economy?
March 26, 2009
Tightening credit markets have forced restaurant operators from all segments of the industry to put expansion or renovation plans on hold as sources of financing dry up. However, there are financial options beyond bank lines of credit operators can tap into as resources. We asked Don Fox, chief operating officer of Firehouse Subs, "Outside of traditional bank financing, where can an operator find capital in a tough economy."
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