So, earlier in this issue, we talked about the Restaurant Revitalization Fund being closed and out of funds. Seems like a post-mortem on the program might be an interesting exercise? Well, it turns out that Subway franchisees were the biggest recipients – in fact, of the 272,000 applications submitted, almost 2,900 Subway restaurants received funding…
Notwithstanding ongoing challenges with the labor shortage and lingering COVID fears, small businesses are generally more optimistic about the future now than they were a year ago, although access to capital is keeping many awake nights. According to a national survey a few weeks ago of 2,140 small business owners by Goldman Sachs, 84% said…
DDIFO Sponsor United Capital Business Lending, a subsidiary of BankUnited, announced today that it is providing $2,000,000 in financing to Dunkin’ Donuts® owner, Raguveer, LLC. United Capital is funding a multi-unit development line for future expansion and will also refinance some of the Maryland-based operator’s existing Dunkin’ Donuts® stores.
Small Regular - No Sugar Newsletter is weekly email with news and updates - it is like a virtual cup of coffee with DDIFO Executive Director Ed Shanahan