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I'm assuming the loans are to make payroll for work already done. Many businesses don't have the cash on hand to pay for the work that was already done, they'r
by linuxftw 7y ago
I'm assuming the loans are to make payroll for work already done. Many businesses don't have the cash on hand to pay for the work that was already done, they're relying on revenue from that work or past work that is now being paid to pay their employees.
Frankly, I think the restaurant industry is over built and many of them deserve to close. The margins are non existent, most of the food is terrible, it's the ultimate bubble economy business.