NEW YORK While absorbing Merrill Lynch & Co. amid the sweeping crisis on Wall Street, Bank of America allegedly has declined to extend more credit to McDonald's franchisees seeking financing for such upgrades as new equipment for the chain's espresso-based beverages. ABloomberg News report on Monday cited what was said to be an internal memo in which McDonald's told franchisees that it was "identifying new sources of liquidity and loan programs" for them.McDonald's would not ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?