The Winston-Salem Foundation is helping a nonprofit lender expand its reach into Forsyth County with a $100,000 investment into Piedmont Business Capital for loans to minority-owned businesses here.
Black-owned businesses faced the highest loan rejection rate of any racial or ethnic group in 2024, with 39% of applications ...
The doors of opportunity remain locked for too many. A new LendingTree analysis reveals that Black-owned businesses faced the ...
Funding your business can feel like an uphill battle. Here’s how Black entrepreneurs can take control and find support. Many, or all, of the products featured on this page are from our advertising ...
A new study shows minority businesses denied more often when seeking SBA loans. 2 News' Cathy Tatom listen to and shares ...
For many women of color, launching a business often begins with a personal investment from their savings, such as maxing out a credit card, taking on a high-interest loan or, more recently, relying on ...
Entrepreneurship innovates and builds opportunities, acting as a major engine for growth in the economy. For a large group of hopeful entrepreneurs, converting an innovative idea into a flourishing ...
A new LendingTree analysis reveals that Black-owned businesses faced the highest rejection rate for financing in 2024, with 39% of them denied loans, lines of credit or merchant cash advances.
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Changes, cuts in government loan programs leave nonprofits that aid small businesses scrambling
Willie Roller Jr. was three days from closing on a loan so his electrical company could hire more workers, tackle bigger jobs, and finish installing power for the new Abbott Northwestern Hospital ...
Loans for small businesses through the Paycheck Protection Program restarted Monday. About $60 billion of the program's new money is going to community banks and small lenders. The hope is this will ...
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