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Study: Black businesses get fewer loan opportunities - DefenderNetwork.com

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There has been an 84% national decline in lending money to Black-owned businesses since 2007 under the Small Business Administration’s small business lending program. In Sacramento, white businesses have received more money for their businesses than all Black businesses nationally from the SBA program, Census data showed. According to the Sacramento Business Journal, a majority-Black census shows […]

The post Study: Black businesses get fewer loan opportunities appeared first on DefenderNetwork.com.

Source: Houston Defender Network - Houston's Leading Black Community News & Information Source
This Black Fact was brought to you by National Black MBA Association (NBMBAA) Boston Professional Chapter

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