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Black Businesses Owners Face An Uphill Battle Securing Bank Loans

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Information Man Show

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Black Businesses Owners Face An Uphill Battle Securing Bank Loans. Banks more often deny loan applications from minority-owned small businesses than from those owned by white people, according to U.S. Federal Reserve data. Black-owned small businesses are the most likely group to be turned down for a loan. More than half of their loan applications to banks were denied in 2014, the most recent nationwide data available.


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Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing.

Copyright Disclaimer, Under Section 107 of the Copyright Act 1976, allowance is made for 'fair use' for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."
Copyright Disclaimer, Under Section 107 of the Copyright Act 1976, allowance is made for 'fair use' for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."
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1 Comments Sort By
6 months ago

The odds are always stacked againts us no matter how good we are doing

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