A new study shows minority businesses denied more often when seeking SBA loans. 2 News' Cathy Tatom listen to and shares ...
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.
DES MOINES, Iowa (AP) -- Oswaldo Barcelo started a tortilla-making company in 1998 with his family's savings. He finally was able to quit his other job at Iowa Quality Meats last year and devote all ...
The doors of opportunity remain locked for too many. A new LendingTree analysis reveals that Black-owned businesses faced the ...
Black-owned businesses faced the highest loan rejection rate of any racial or ethnic group in 2024, with 39% of applications ...
Small business borrowers in need of financing should work with their lender to identify alternative sources, experts said.
Recent SBA loan changes usher in a return to stricter underwriting and a more rigorous application process. Many, or all, of the products featured on this page are from our advertising partners who ...
SBA loans vs. business lines of credit: Which is best for small businesses? All businesses need funds to operate, but sometimes small businesses may need a financial boost to jump-start growth or get ...