Surviving COVID-19: 7 Financing Options for Restaurants
7 Shifts
JULY 21, 2020
Economic Injury Disaster Loans (EIDLs) were also a hot commodity, but the government has since limited application to the agriculture industry—so they're not any use to restaurant owners at this time. A short term loan can get you the cash you need in as little as 24 hours, but that speed comes at the price of higher interest rates.
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