One thing is for sure, the banks are not lending money to small businesses! We at Bonita Payments established a 2 Million Dollar funding program to offer our merchants working capital to help them make adjustments during the pandemic. “This was the biggest need that we found in startups and hospitality businesses within our footprint,” says Elliott Forman, Founder and President of Bonita Payments, a New Orleans, Louisiana-based merchant processing company. We currently provide funding to our base of clients from Texas to Florida and the Southeastern region.
“We created a low entry point to help businesses that otherwise would not have qualified for a capital program,” says Elliott Forman. During the 2020 pandemic, we found that many businesses did not have the resources to transition their businesses to an online operation or any other backup plans to survive that year.
Bonita Payments tailored a creative working capital program to help businesses make more money and keep themselves afloat during these unsettling times. Many of the government sponsored programs came with unreachable stipulations that would discourage any business owner from completing the complex paperwork. With that in mind, we produced a smart documentation process that was meant to get you funded and not frustrated.
Small businesses are the core of the U. S. Economy, and we are delighted to be a support to our customers who entrust us to provide payment processing.
Located in New Orleans, food service is the backbone of our great city; and we wanted to see those community shops overcome the 2020 constraints that tipped several well-known establishments out of business. The future looks bright, and we anticipate 2021 to be a tremendous rebound year for all the pandemic survivors. 2020 was the most challenging year for many businesses, and if they can make it through Covid-19, they can do anything.
Media Details -
The above review statements are those of the sponsor (Source of content) and do not necessarily reflect the official policy, position or views of the content publisher. The content distribution company is therefore not responsible for the content and its authenticity and legal standing of the above subject matter. Each individual is required to exercise its content when making a purchase from the above offer. The information does not constitute advice or an offer to buy. Any purchase made from the above press release is made at your own risk. Editorial merit of this content is subject to news publisher and its downstream partners. Consult an expert advisor/health and professional advisor before any such purchase. Any purchase made from this link is subject to the final terms and conditions of the website's selling as mentioned in the above as source. The content publisher and its downstream distribution partners do not take any responsibility directly or indirectly. If you have any complaints or copyright issues related to this article, kindly contact the company this news is about.
DISCLAIMER of Liability. IN NO EVENT SHALL OUR PR COMPANY BE LIABLE OR RESPONSIBLE TO YOU OR ANY OTHER PERSON FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, OR EXEMPLARY DAMAGES OF ANY KIND, INCLUDING WITHOUT LIMITATION, LOST PROFITS OR LOST OPPORTUNITIES, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES IN ADVANCE AND REGARDLESS OF THE CAUSE OF ACTION UPON WHICH ANY SUCH CLAIM IS BASED, INCLUDING, WITHOUT LIMITATION, ANY CLAIM ARISING OUT OF OR IN CONNECTION WITH ANY OF THE CONTENT, INCLUDING, WITHOUT LIMITATION, AUDIO, PHOTOGRAPHS, AND VIDEOS, OR OF THE ACCURACY, RELIABILITY, OR LEGALITY OF ANY STATEMENT MADE IN OR OMITTED FROM ANY advertisement, sponsorship, endorsement, testimonial, opinion, or other product-related or service-related statement or review appearing in the Websites or in ANY post or article distributed via the Websites.