ARF Financial Commits $10,000 to Support Local Restaurants with FIGHT COVID-19 Grant
May 11, 2020, 09:00 ET
SUNRISE, Fla., May 11, 2020 /PRNewswire/ -- ARF Financial today announced a $10,000 FIGHT COVID-19 Grant to support local restaurants through their COVID-19 recovery. The Financing Innovation to Guarantee a Hopeful Tomorrow (FIGHT) Grant Program will provide much needed assistance to local restaurants to help them overcome the financial impact of closures and the reduced capacity limitations required to slow the spread of COVID-19.
"As COVID-19 continues to unfold, restaurant owners are feeling the effects like no other group and need our immediate support," said Celeste Deal-Maunoir, Chief Sales Officer at ARF Financial. "As the leader in restaurant financing, we recognize that re-opening at 25% or 50% capacity will not restore restaurants to pre-COVID-19 revenue levels and many will not survive without additional assistance. We are committed to the long-term recovery of restaurateurs and will continue to explore ways we can assist in line with our mission to help all restaurants thrive."
Applications for the FIGHT COVID-19 Grant will begin on Friday, May 8th and end on Sunday, May 31st, 2020 at 11:59pm. Applicants will be asked to share their experience pre and post state-mandated lockdowns or stay-at-home orders. Startups are not eligible for the FIGHT COVID-19 Grant. Eligible restaurants must be operational for three months or longer. The winner will be announced on June 15th, 2020.
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About ARF Financial
Backed by decades of experience, ARF Financial has become the #1 direct lender for restaurants and hospitality businesses nationwide. ARF Financial sources short-term, unsecured business loans and lines of credit for merchants who have traditionally struggled to obtain the financing they need. ARF Financial understands the challenges unique to the industry and has forged exclusive relationships with banks across the country to provide customized loan solutions specifically designed to meet the needs of each borrower. Their team of seasoned financial consultants have helped thousands of restaurant and hospitality businesses secure over $850 million in funding.
Contact: Celeste Deal-Maunoir, (CSO)
Phone: (832) 561-1424
Email: [email protected]
SOURCE ARF Financial
