$180M Still Cooking For Restaurant Revitalization Fund?

$180M Still Cooking For Restaurant Revitalization Fund?

The $180 million dollars of unobligated funds of the Restaurant Revitalization Fund (RRF) remains a controversial debate between industry stakeholders and the U.S. SBA after Government Accountability Office (GAO) issues July 2022 report. While the GAO’s focus was largely on the program’s failures to protect government from fraud, the food service industry leverages the report’s findings to request fulfillment of more than 60% of applicants who remain unfulfilled by the RRF.

Commercial Real Estate or Crypto: What’s the ‘It’ Investment This Spring?

Commercial Real Estate or Crypto: What’s the ‘It’ Investment This Spring?

You’ve heard about record high investment sales for U.S. based commercial real estate and for cryptocurrencies in the past year. But what does it all mean? Photographer: Sean Pollock | Source: Unsplash With a total of $809 billion in 2021, financial strategists question how the pandemic has influenced the strong surge in U.S. commercial property […]

For small business owners, every penny counts. Budgeting is a critical part of protecting your business’s financial health and establishing short and long-term financial goals. Without a budget or the right tools in place, it’s easy to lose track of what money is going out and coming in, creating cash flow problems, an inability to […]

The economic collapse of 2008 negatively impacted individuals and business owners alike across the country. But while many were drowning in their sorrows, Raj Tulshan saw a silver lining, or rather, a major opportunity. Tulshan recognized the financial landscape had changed and needed efficient and innovative industry leaders to navigate the uncertainty of what was […]

6 Mistakes to Avoid When Applying for a Small Business Loan

6 Mistakes to Avoid When Applying for a Small Business Loan

Capital is vital for  a small business to start, grow, and keep their business up and running. While small business loans can give you the resources you need to run a successful operation, the process to obtain financing isn’t without obstacles. During the loan application process, it’s essential to do your due diligence and ensure […]

10 Hidden Fees to Small Business Owners Should Look for When Borrowing Money

10 Hidden Fees to Small Business Owners Should Look for When Borrowing Money

Securing the right financing is a critical part of running a successful business. While access to funding can support operations and influence growth, it can also come at a cost. Like any agreement, reviewing the fine print associated with small business loan applications is essential and should be a top priority. Down the line, you […]

Securing financing for a small business can be a difficult task. Banks reject roughly 80 percent of small business loan applications, leaving applicants searching for other options. While the strict standards put in place by traditional banks and credit unions regarding business owners’ creditworthiness and ability to repay loans are intended to minimize risk, they […]

How to Stay Up to Date on Available Loans and Grants

How to Stay Up to Date on Available Loans and Grants

As a business owner, it’s important to know the resources available that best support your business. In the wake of the pandemic, loans and grants have been a lifeline for businesses more than ever. For small businesses, the competition for resources and relief programs can be challenging, so it’s critical to be prepared to apply […]