Falling behind on rent is an age-old problem that’s been exacerbated by the coronavirus pandemic. Some entrepreneurs are taking things into their own hands, as evidenced by the growing number of platforms designed to give renters more flexibly throughout the month and thus avoid delinquencies and, what’s worse, evictions. Platforms such as those provided by […]
Cheryl Winokur Munk
Posted inVC Spotlight
Rent May Be The Final Blow For Struggling Small Businesses
Small businesses struggling to survive in the pandemic are coming up against a hard fixed cost: Rent. The federal government’s forgivable loan program is tied to payroll costs, but for many small businesses, payroll is only a small portion of their operating expenses. Other types of federal aid, while helpful, may still not be enough […]