Friday, June 24, 2011

Are Restaurants Really Risky Business?

Full-service restaurants are seeing more government-guaranteed loans than any other industry; surprising for an industry that has the stigma of being very risky. Not only are restaurants receiving more loans but the loans are adding impressively; falling just short of the money received by the hotel sectors.

On top of these high numbers restaurants are dropping down on the loan default list. To learn more about the debunking of the 'high risk' stigma of restaurants, check out this New York Times article.