We have gone through the first round of financing assistance from the government and we are now embarking on the second. In the intervening period, there have been a number of grants and other…
There have been so many interesting developments in restaurant lending over the last nine months. The PPP loan program has obviously gotten the most press, but, of real assistance, the Economic Injury Disaster Loans…
Dennis Monroe will be joined by Sara Ausman, regional president at Alerus, and Shaun Coard, Sr. VP of Franchise Banking Solutions at Bremer Bank, in a Foodservice News webinar “Ask the Bankers: PPP Guidance…
In this time of total uncertainty and still no answer as to when Covid will end and when restaurants will go back to full strength, restaurant owners need to know what their legal options…
Something evident from the recent Restaurant Finance Week was the great number of new ideas and serious discussions on what post-Covid restaurant concepts will look like. I would like to draw on some of…
One of the the things that has occurred during the pandemic is that we have had to look at new delivery systems and new approaches to making money in restaurants. An idea I have…
Monroe Moxness Berg will present a panel discussion “Sustaining Restaurants Through New Collaborative Relationships” at the Restaurant Finance Week, a digital forum taking place November 9-13 and organized by Restaurant Finance Monitor. The panel…
If it wasn’t enough to continue dealing with COVID, now the foodservice industry has additional challenges of uncertainty and disturbances in downtown Minneapolis and other retail areas. Here are some ideas on how to…
Dennis Monroe is quoted in the recent Restaurant Business online article “As Financing Dries Up, Companies Turn to Crowdfunding.” The article suggests that as traditional funding sources like banks and large investors are pulling…