Study reveals opportunities for minority-owned business lending

April 1, 2016

As a group, minority-owned businesses receive far fewer commercial loans and have significantly fewer trade accounts than the general small business population. At the same time, minority owned businesses have average business credit scores that should qualify them as viable prospective borrowers. This situation presents attractive opportunities for lenders and business to-business suppliers looking to expand into new markets. Below are the key findings we uncovered in a recent analysis of minority-owned business data. They include a review of the study, the major insights revealed, and suggestions for how a change in common business practices can deliver win-win outcomes for minority businesses and the lenders that extend them credit.

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