Small Black Businesses Easy Prey for Predatory Lenders

July 20, 2015   // 0 Comments

Carolyn M. Brown -Blackenterprise.com Just $1 of every $23 in conventional small business loans goes to a woman-owned business. According to the U.S. Small Business Administration minority small business owners are disproportionately denied credit when they apply for it, regardless of credit scores, income, or profits. What’s more small businesses, especially those that get turned down for tradit...

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