Alignable’s August Rent Poll Report shows that, overall there was a 5% improvement in the number of small businesses that were able to pay their rent this month. This is the first time in six months where there was such a positive lift. That said, still 30% could not afford to pay their rent on time or in full in August, which remains a daunting number. The August Rent Poll Report is based on the responses of 5,349 small business owners polled from 7/31/21 to 8/25/21.
But the bigger news from this report is that more restaurants are struggling to pay their rent, while other industries have seen improvements this month.