61% Of Restaurants Can’t Pay December Rent
61% Of Restaurants Can’t Pay December Rent, Up 19% From November, Many Other Industries Are Hurting, Too Q3 2020 hedge fund letters, conferences and more The Alignable Rent Poll has just been released for December, showing that it’s becoming increasingly difficult for small businesses everywhere to pay their rent in full and on time, given the latest COVID resurgences. The need for more federal funding is also becoming more pronounced for many of these businesses. Here are some highlights: 35% of U.S. small businesses couldn’t pay their rent this month, up 3% from 32% in November.Several B2C i...
Nearly One-Quarter of Americans Have Missed A Mortgage Or Rent Payment In 2020
The coronavirus pandemic has dragged on longer than most could have anticipated. What started as a short lockdown in March to “slow the spread” has turned into months of high unemployment, lost wages, intermittent lockdowns, and uncertainty about the future.Q3 2020 hedge fund letters, conferences and moreThe unsteadiness in most Americans' lives is especially impactful to their ability to pay — or not pay - their mortgage or rent payments. Clever’s newest research report surveyed 1,000 Americans and found that almost one-fourth have missed one of these payments in 2020.Here are some further ef...