
If you’re in the restaurant business or food and accommodation services, now might be the best time to take out a loan. According to an August 2019 study, lenders are approving loans 51% of the time for restaurateurs. These are some of the highest approval rates for small businesses in any industry, making it a fantastic time to jump on the opportunity of restaurant growth. This is especially exciting news, given the high costs and various pitfalls that are part and parcel of owning a restaurant, including replacing broken equipment, resolving customer issues, and high employee turnover rates. Why Has […]
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