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Small Business Blog Posts

Folk Cafe & Market Brings Wholesome, Ethically-Sourced Food To Detroit’s Corktown Neighborhood

This year, the Merchant Maverick Opportunity Grant Program gave a total of $100K to Americans of Asian and Pacific Island descent, via 10 separate grants of $10K each. One of these grants was awarded to Folk, a gourmet Market and Cafe housed in the historic neighborhood of Corktown, Detroit. Thanks to its focus on from-scratch meals with ethically and locally sourced ingredients, Folk has developed a wide and loyal fan base and is now expanding into curated gift boxes and catering services.

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Aug 23, 2022 Filed under: Small Business

The Best SBA Loans For Your Restaurant (Plus, Other Funding Options For A Restaurant)

The restaurant loan amount you qualify for will depend on many factors, including your restaurant’s current assets and profitability, as well as other factors such as your creditworthiness, industry experience, and personal income. The largest restaurant loan you can qualify for through the SBA is $5 million, though most restaurant owners will not qualify for the maximum.

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Aug 22, 2022 Filed under: Business Loans, Small Business

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