Wyatt earp
Diamond Member
- Apr 21, 2012
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I always knew Obama hated small bussiness, but even to African Americans?..
How Can Entrepreneurs Get the Start They Need?
Even though the number of businesses owned by African American entrepreneurs is rising sharply, many struggle to secure the financing they need to start or grow their businesses. According to the Small Business Association, the number of African American-owned firms increased 60 percent during the economic expansion of 2002- 2007, as compared with roughly 13 percent for firms owned by Caucasian entrepreneurs. Yet loans to African-American small-business borrowers declined 47 percent between 2009 and 2013, even as overall SBA loan volume rose roughly 25 percent during the same period
Read more: How Can Entrepreneurs Get the Start They Need?
How Can Entrepreneurs Get the Start They Need?
Even though the number of businesses owned by African American entrepreneurs is rising sharply, many struggle to secure the financing they need to start or grow their businesses. According to the Small Business Association, the number of African American-owned firms increased 60 percent during the economic expansion of 2002- 2007, as compared with roughly 13 percent for firms owned by Caucasian entrepreneurs. Yet loans to African-American small-business borrowers declined 47 percent between 2009 and 2013, even as overall SBA loan volume rose roughly 25 percent during the same period
Read more: How Can Entrepreneurs Get the Start They Need?