A website covering news in the restaurant industry has issued an account discussing the types of loans a restaurant owner might need to open up a business. The feature warns that the restaurant business is very risky, with sixty per cent of establishments closing within one year and eighty per cent closing in five. He gives three loan sources that might help a restaurant survive. Two are programs administered by the Small Business Administration, and a third is private.
Read more: Three Great Options For Restaurant Financing
