Commercial Finance partner Derek Ladgenski spoke with American Banker on the impact delivery apps are having on restaurants and how that impacts restaurant borrowers and lenders. Noting that apps such as DoorDash and Uber Eats are popular within his own family, Derek says franchises looking to succeed will need to keep up with pricing and menu adjustments. He stated, "[Delivery services are] going to be disruptive . . . but people are going to adapt to the new model." ("How delivery apps are upending restaurant lending," February 4, 2020)
Chicago
