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Keeping Employees Paid During Unprecedented Crisis

May 5, 2020 Small businesses all over the country are trying to keep employees paid and ensure their businesses can run during the COVID-19 crisis and economic downturn. Embassy is helping customers find solutions that are right for them to maintain operations during this difficult time. Here is what one of our customers had to say: As I sit here and read all these horror stories about the SBA loans during this economic crisis, I’m reminded how lucky I am to have the relationship I...



Helping Clients During COVID-19

May 5, 2020 Our customers are looking for solutions during the COVID-19 crisis to help their businesses continue to operate under these unprecedented circumstances. Here is what one of our customers had to say in response to the recent Paycheck Protection Program: “Our PPP loan was funded this morning! I just want to thank you all for getting this done so efficiently, and the way you communicated and kept me informed during the process. This has significantly reduced my stress –...



Embassy Helps Hospitality Industry with PPP Loans

May 5, 2020 Embassy customers have been looking for help during the economic crisis due to COVID-19. We are helping customers with PPP loans and solutions to keep their employees paid and keep their businesses running. Here is what one of our customers had to say: “I filled out the PPP application and uploaded everything to my contact at Embassy. I sent 3-4 companies at 5pm. At 5:09, 5:11, and 5:12, I received an email that my contact successfully downloaded my files. Then I...



Five Ways Tax Reform Will Boost the Hotel Industry

5 ways tax reform will boost the hotel industry March 23, 2018 After months of speculation, tax reform is a done deal. The final tax bill reduces corporate tax rates, modifies or eliminates a variety of itemized deductions, changes the taxation of foreign income, and limits the number of tax brackets. If the stock market is any indication, these changes will be a boon for businesses. The stock market surged to record highs last week, with business leaders expressing optimism over tax...



Royal Hotel Investments’ people connection

July 9, 2019 Navin Shah is an entrepreneur at heart. Born in Ahmedabad, India, he was educated there as a civil engineer before emigrating to Chicago in 1971. He earned an M.S. in civil engineering from Purdue University in 1978, and then accepted a job with the Metropolitan Atlanta Rapid Transit Authority (MARTA). Even as a full-time government employee Shah found time for a side project, building shopping centers as a way to generate some extra income for his family. After four years...



Do Check-Cashing Services Provide a Banking Alternative?

May 4, 2019 A couple of weeks ago, Business Insider published an amazing article by Alex Morrell on check cashing that I think is well worth everyone’s time to read: An Ivy League professor who spent four months working in a South Bronx check-cashing store says we’re getting it all wrong. The article focuses on the research of University of Pennsylvania professor Lisa Servon, who spent several months working as a cashier at a check-cashing service in order to actually understand...