WHAT IS A BUSINESS BOND?
Gift Card Bonds are a method by which businesses can gain access to immediate financial relief provided to them by their own loyal customer base. These gift cards work like a bond in that they appreciate in value.
Ex) a gift card is sold for $75 but has a value of $100 at “maturity.”
WHO CAN PARTICIPATE IN THE INITIATIVE?
The Business Bonds Initiative is open to any restaurant/bar/eatery or participating business – Any business currently effected by the COVID-19 outbreak who wishes to sell future services. We are happy to help any business that needs it.
IS THERE A FEE TO PARTICIPATE IN THE INITIATIVE?
No! The initiative is free to any qualifying business who signs up.
WHEN CAN I REDEEM MY DINING BOND?
Gift cards may be redeemed at the time a business re-opens or resumes its normal operation. To find out when your gift cards may be redeemed, please check with the business from which you purchased your gift card (the date upon which businesses resume normal operations may vary by industry or location).
IS THERE A DEADLINE FOR PURCHASING?
IS THERE AN EXPIRATION DATE?
Each restaurant will have their own policies about this. Please check with your individual restaurant for expiration dates and other terms and conditions.
WHAT IF A RESTAURANT I WANT TO SUPPORT IS NOT LISTED HERE?
Tell them about our program and ask them to fill out the participation form on this website.
WHAT HAPPENS IF I BUY A DINING BOND AND THAT RESTAURANT CLOSES?
Please consider a Dining Bond to be both an investment in the future of a restaurant, as well as a contribution to that restaurant. If, in the event a restaurant can’t reopen, know that your financial support today will still help them through some of their immediate financial challenges.