Minority businesses have a harder time getting bank loans than small companies in general, according to a survey released Thursday by Wells Fargo & Co. and the polling company Gallup. The survey found most business owners don’t struggle to get credit, but it also shows disparities between the...
As a result, the black-owned and Hispanic-owned firms performed as well as the Asian-owned and nonminority-owned firms. Nevertheless, black business owners had lower success rates than nonminority men in obtaining commercial bank loans, although the terms for loans granted were similar for the ...
Although minorities make up 30% of the U.S population, only18%of U.S. businesses are minority-owned. Clearly, even though diversity has become a topic of focus over the last two years, it is still harder for minority-owned businesses to get started, obtain loans, and stay afloat. Minor...
First Security Bank is Oklahoma's only black owned bank. Our minority owned bank is a place where entrepreneurs can receive both banking services and support as well as engage in collaborative solutions. Whether you’re opening up a business or taking th
Committee on Small Business and Entrepreneurship, minority-owned business owners have created over 50% of the 2 million new businesses in the US these past ten years. We're here to explain the benefits and opportunities you can unlock by certifying your business as a Minority Business Enterprise...
The first round of the program saw overwhelming demand and the Small Business Administration approved $349 billion in loans in just two weeks. But many minority-owned firms applied to multiple banks early in the program and were rejected, while others couldn’t get banks to respond to ...
Minority Small Business Grants: Application Process If you’ve found a grant that you’re eligible for, follow the steps below. Become Certified as a Minority-Owned Business– First and foremost, you’ll need to ensure you’ve met the most important qualification. If you aren’t certified, ...
The first round of the program saw overwhelming demand and the Small Business Administration approved $349 billion in loans in just two weeks. But many minority-owned firms applied to multiple banks early in the program and were rejected, while others couldn’t get banks to respond to...
故应选[D]。 not had sufficient opportunity to secure business created by large corporations. 结果四 题目 Recent years have brought minority-owned businesses in the United States unprecedented opportunities--as well as new and significant risks. Civil right activists have long argued that one of ...
5. The author implies that a minority-owned concern that does the greater part of its business with one large corporate customer should (A) avoid competition with larger, more established concerns by not expanding (B) concentrate on securing even more business from that corporation ...