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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…

What to Know About Salon Booth Rentals

By Robert Whited Hair Salon Financing

14 Jun: What to Know About Salon Booth Rentals

Many salons today are renting out their chairs to make…

Equity Financing & Short-Term Capital: What’s the Difference?

By Robert Whited Business Financing 101 Small Business Financing

09 Jun: Equity Financing & Short-Term Capital: What’s the Difference?

When clients come to us, they often ask about the…

ARF-Blog-06042021

By Robert Whited Bar & Tavern Financing Business Operations – Employee Management

03 Jun: Motivating Your Bartenders

Bartenders are often seen as the therapists of your business….

3 Hair Salon Hiring Tips

By Robert Whited Day-to-Day Business Operations Hair Salon Financing

26 May: 3 Hair Salon Hiring Tips

The salon industry sees a fairly high turnover rate, with…

How to Start a Psychiatry Blog

By Robert Whited Marketing Psychiatry/Psychology Financing

24 May: How to Start a Psychiatry Blog

Great content is the key to success, and having a…

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…

Intro to Cannabis in Veterinary Practice

By Robert Whited Day-to-Day Business Operations Pet Store/Veterinary Financing

17 May: Intro to Cannabis in Veterinary Practice

Head to any pet store today and you’re likely to…

How to Introduce Telemedicine to Your Veterinary Practice

By Robert Whited Pet Store/Veterinary Financing

14 May: How to Introduce Telemedicine to Your Veterinary Practice

There was once a time in the not-too-distant past when…

Should Your Veterinary Practice Expand to Exotics?

By Robert Whited Day-to-Day Business Operations Pet Store/Veterinary Financing

12 May: Should Your Veterinary Practice Expand to Exotics?

As pet ownership increases nationwide, the question of whether to…

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