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    News, tips and advice for Restaurant Owners
The SBA recently announced that they are halting the disbursement of approved Restaurant Revitalization Funds for 3,000 minority-owned businesses that applied during the allotted prioritized application period. Among them were restaurants and other approved business types owned by women, veterans, and disadvantaged people. The announcement came in response to two injunctions issued by judges in Texas and Tennessee due to lawsuits by non-minority owned restaurants. The lawsuits argue that the RRF’s priority period was unconstitutional due to discrimination. The SBA will continue to pay out approved funds to approved, non-priority applicants at this time, but because of the injunctions, they have frozen all payouts to the 2,965 approved applicants that haven’t received funds until the case is settled. If you or someone you know has been affected by this recent change to the RRF program, we’re here for you. We are continuing our efforts to help restaurant and hospitality business owners get the funding they need quickly to refuel and thrive post pandemic. Complete our no-obligation online application today to receive a quote from one of our local loan consultants. We promise to find you the perfect loan to fit your restaurant’s needs and applying will not affect your credit.
By Robert Whited Restaurant Financing

17 Jun: Restaurant Revitalization Funds Frozen For Minority Restaurant Owners

The SBA recently announced that they are halting the disbursement…

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SBA Recently Released a Sample Restaurant Revitalization Fund Application
By Allison Wilson Day-to-Day Business Operations Restaurant Financing

20 May: Restaurant Revitalization Fund End Date Has Been Announced

SBA’s administrator Isabella Casillas Guzman recently announced that the SBA…

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The SBA Has Released The Official RRF Start Date
By Allison Wilson Day-to-Day Business Operations Restaurant Financing

28 Apr: The SBA Has Released The Official RRF Start Date

Restaurant owners across the U.S. have been waiting for this…

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SBA Recently Released a Sample Restaurant Revitalization Fund Application
By Allison Wilson Day-to-Day Business Operations Restaurant Financing

21 Apr: SBA Recently Released a Sample Restaurant Revitalization Fund Application

On April 17, 2021, the SBA released more information regarding…

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Restaurant Revitalization Fund Details
By Allison Wilson Day-to-Day Business Operations Restaurant Financing

29 Mar: Restaurant Revitalization Fund Grant Update

The Small Business Administration recently announced that their goal is…

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Restaurant Revitalization Fund Details
By Robert Whited Day-to-Day Business Operations Restaurant Financing

17 Mar: Restaurant Revitalization Fund Details

When the American Rescue Plan Act of 2021 was signed…

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ARF-Blog-02112021
By Robert Whited Day-to-Day Business Operations Restaurant Financing

10 Feb: Restaurant Surveys: What Questions to Ask?

Surveying customers is an easy, inexpensive, and beneficial way to…

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Restaurant Trends to Watch for in 2021
By Robert Whited Day-to-Day Business Operations Restaurant Financing

30 Nov: Restaurant Trends to Watch for in 2021

When we talk about trends, they typically invoke a sense…

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What is a Ghost Kitchen?
By Robert Whited Day-to-Day Business Operations Restaurant Financing

12 Nov: What is a Ghost Kitchen?

In the restaurant industry, where profits have taken a nosedive…

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3 Catering Mishaps to Avoid this Season
By Robert Whited Day-to-Day Business Operations Holiday Preparation Restaurant Financing

04 Nov: 3 Catering Mishaps to Avoid this Season

We’re heading into the holiday season, a time of year…

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