AdvancePoint Capital, LLC continues expanding its services. Given that restaurant ownership is a difficult proposition—most fail within the first five years— the company believes that providing access to capital and education can help more restaurant...
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April 05, 2023, 07:20 AM
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Inflation continues to be the top challenge for restaurants as they look ahead to 2023, according to a survey conducted by TD Bank at the 2022 Restaurant Finance and Development Conference in Las Vegas, NV. The poll collected insight from 300...
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March 22, 2023, 07:15 AM
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The number of U.S. restaurants – including chain franchises and independent stores – has not yet rebounded to pre-pandemic levels, and is still meaningfully lower than what it was before the advent of COVID-19, according to Nick Cole, Head of...
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January 05, 2023, 07:07 AM
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Consumers who purchase food for in-home consumption have generally experienced higher price increases relative to what they pay for menu items at quick-service and fast-casual restaurants—a trend that makes restaurants more comparatively appealing...
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June 16, 2022, 07:12 AM
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The pandemic has permanently altered the consumer-restaurant relationship with operators investing in technology and real estate to align with changing consumer preferences, according to the 2021 Restaurant Franchise Pulse survey, conducted by TD...
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January 07, 2022, 07:10 AM
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With rising commodity prices, workforce shortages and the need for higher expenditures to attract labor in a competitive market, the restaurant industry will face continued margin contraction and, consequently, lower merger-and-acquisition (M&A)...
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November 10, 2021, 07:16 AM
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Flo Financing Consultants LLC is a new financing solution for emerging companies, offering fast, flexible and cost-effective financing solutions for growing businesses. While the economic disruptions of COVID-19 have adversely impacted many sectors...
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April 12, 2021, 07:10 AM
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LeaseQ announced a national partnership with ARF Financial, the only FDIC-compliant financial lender that provides short-term, unsecured business loans and lines of credit for restaurant/hospitality business owners and retailers nationwide. “We are...
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September 13, 2017, 07:14 AM
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A new study released today by AlixPartners, the global business-advisory firm, posits that the turbulence in the chain-restaurant industry of late—from underperforming results to an uptick in bankruptcies to renewed shareholder pressures—might not be...
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April 13, 2017, 07:03 AM
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Driven by an overall increase in operators' current situation, the National Restaurant Association’s Restaurant Performance Index (RPI) advanced in September. The RPI stood at 100.8, up 1.2 percent from August.“September’s RPI uptick was aided by...
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November 04, 2016, 07:00 AM
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Due in large part to declines in both same-store sales and customer traffic, the National Restaurant Association’s Restaurant Performance Index (RPI) fell below 100 in August. The RPI stood at 99.6, down 1.0 percent from a level of 100.6 in...
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October 03, 2016, 07:00 AM
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Square (SQ) and Upserve announced a partnership providing Upserve customers access to fast, flexible, and straightforward funding for their restaurants through Square Capital. This is the first time loans through Square Capital will be available to...
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August 11, 2016, 07:15 AM
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LeaseQ announced a partnership with local chef and Food Network “Cutthroat Kitchen” winner Jared Forman to finance equipment for his Worcester restaurant and café, deadhorse hill. Named for the city’s famous hill, deadhorse hill opens as a...
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May 20, 2016, 06:27 AM
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Citizens Bank announced that it has provided a $15 million credit facility to Rubyhill Denver LLC, a multi-unit Sonic franchise restaurant operator. The Colorado-based restaurant group will use the funds for acquisition financing and capital...
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March 30, 2016, 06:59 AM
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The New York State Restaurant Association has selected Bizfi, a premier FinTech company which combines aggregation, funding and a participation marketplace for small businesses on one platform as the exclusive financial provider for its...
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March 04, 2016, 07:24 AM
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After trending up in the second half of 2015, restaurant industry sales slipped slightly in January 2016, according to preliminary data from the U.S. Census Bureau. Eating-and-drinking-place sales totaled $53.5 billion on a seasonally-adjusted basis...
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February 23, 2016, 06:47 AM
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As a result of broad-based declines in both current situation and expectations indicators, the National Restaurant Association’s Restaurant Performance Index (RPI) fell sharply in December. The RPI stood at 99.7 in December, down 1.6 percent from...
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February 04, 2016, 07:05 AM
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LeaseQ, an online marketplace connecting businesses, equipment sellers, and equipment finance companies to make selling and financing equipment fast and easy, and Canadian food service equipment manufacturer group DaVinci Compass Inc., owner of...
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November 19, 2015, 07:10 AM
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Tetra Corporate Services announced they provided a $319,000 lease for equipment and POS to a restaurant located in the Southeast.Tetra provides a vast range of creative equipment leasing solutions for all types of businesses including agricultural...
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November 12, 2015, 06:00 AM
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CIT Group announced that CIT Retail & Restaurant Finance served as Sole Lead Arranger in a senior secured credit facility to Bertucci’s Corporation (Bertucci’s), an owner and operator of Italian casual dining restaurants with locations from New...
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October 20, 2015, 07:00 AM
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Huddle House, Inc., the iconic Southern-inspired family restaurant franchise, named Ascentium Capital as a finance partner to provide flexible finance structures to their franchisees.“Our goal is to ensure our franchisees are successful and we want...
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October 02, 2015, 06:48 AM
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As a result of a somewhat dampened outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) declined in June for the second consecutive month. The RPI – a monthly composite index that tracks the...
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August 10, 2015, 07:01 AM
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Although same-stores sales and customer traffic levels softened somewhat in May, the National Restaurant Association’s Restaurant Performance Index (RPI) remained in positive territory. The RPI – a monthly composite index that tracks the health of...
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July 14, 2015, 07:00 AM
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Despite dampened sales and customer traffic levels as a result of extreme weather in parts of the country, the National Restaurant Association’s Restaurant Performance Index (RPI) held relatively steady in February. The RPI – a monthly composite...
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April 06, 2015, 07:35 AM
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The fast casual segment remains the top performer in the restaurant sector, and will continue to lead activity and change. The segment, typified by the likes of Chipotle, Noodles & Company and Zoe’s Kitchen, is providing offerings that are consistent...
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November 07, 2014, 07:00 AM
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Due in large part to softer customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) registered a moderate decline in June. The RPI – a monthly composite index that tracks the health of and outlook for the U.S...
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August 04, 2014, 06:00 AM
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According to the National Restaurant Association, preliminary figures from the U.S. Census show that restaurant sales volume slowed slightly in June after hitting a record-high in May. Eating and drinking place sales totaled $46.8 billion on a...
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July 17, 2014, 06:12 AM
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Driven by improving same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) hit a five-month high in November. The RPI stood at 101.2 in November, up 0.3 percent from October and the...
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January 02, 2014, 06:22 AM
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GE Capital, Franchise Finance (GEFF) will be demonstrating cutting-edge enhancements to GE SmartChart™ at the Restaurant Finance & Development Conference Nov. 4-6 in Las Vegas. SmartChart is a digital tool that can help restaurant owners manage and...
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October 31, 2013, 06:42 AM
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Due to a softer outlook among restaurant operators for sales growth and the economy, the National Restaurant Association’s Restaurant Performance Index (RPI) declined for the third consecutive month. The RPI – a monthly composite index that tracks...
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October 07, 2013, 06:38 AM
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Large and middle market restaurant companies, as well as franchisees of top-tier brands, have ready access to capital, but franchisees of smaller brands are finding it more challenging to secure debt financing, according to Bob Bielinski, Managing...
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September 17, 2013, 06:49 AM
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The National Restaurant Association reported that as a result of positive sales and traffic and an optimistic outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) remained in expansion territory...
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August 13, 2013, 06:36 AM
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Due in large part to softer same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) slipped below 100 in February. The RPI – a monthly composite index that tracks the health of and...
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April 01, 2013, 06:34 AM
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Buoyed by positive same-store sales and customer traffic results, the National Restaurant Association’s Restaurant Performance Index (RPI) rose in November. The RPI – a monthly composite index that tracks the health of and outlook for the U.S....
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January 02, 2013, 07:00 AM
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Due in large part to restaurant operators’ dampened outlook for sales growth and the economy, the National Restaurant Association’s Restaurant Performance Index (RPI) fell sharply in October. The RPI – a monthly composite index that tracks the health...
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December 03, 2012, 06:01 AM
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As a result of softer same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) declined in September. The RPI – a monthly composite index that tracks the health of and outlook for the U.S....
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November 01, 2012, 07:29 AM
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Buoyed by stronger same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) posted a modest gain in August. The RPI – a monthly composite index that tracks the health of and outlook for...
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October 05, 2012, 08:00 AM
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Slow economic growth and continued high unemployment have limited the recovery in discretionary consumer spending, but steady improvement for the restaurant sector should continue according to Bob Bielinski, Managing Director and Head of the...
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October 03, 2012, 07:52 AM
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As a result of softer customer traffic and a dampened outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) fell to its lowest level in nine months. The RPI – a monthly composite index that...
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September 04, 2012, 07:32 AM
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Bolstered by stronger same-store sales and customer traffic levels, the National Restaurant Association’s Restaurant Performance Index (RPI) stood above 100 for the eighth consecutive month in June. The RPI – a monthly composite index that tracks the...
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August 03, 2012, 07:30 AM
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The prolonged recovery of the U.S. economy has forced restaurateurs to adapt to a “new normal,” one in which they are now more efficient and innovative as they have learned to deal with a difficult sales and profit environment. This is one of many...
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February 13, 2012, 08:15 AM
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