Restaurant Finance & Liquor Licenses: Securing a Pledge of License as Collateral for a Loan

Restaurant Finance & Liquor Licenses: Securing a Pledge of License as Collateral for a Loan Thumbnail

In recent years, high interest rates, inflation, and changing consumer trends have resulted in a tightening of financing options available for restaurants. Lenders often require various forms of collateral for restaurant financing, particularly in assets that hold strong market value and can be resold in case of a borrower default. One increasingly popular solution for restaurateurs…

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POSTED IN: Articles & Quotes, Hospitality Practice Group