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Minority Entrepreneurs Still Face Discrimination When Seeking Finance

The Horizons Tracker

Equipped with business profiles that exceeded the criteria for loan qualification, the Black testers were furnished with even stronger profiles (including higher business income, longer operational history, greater funds in their accounts, and superior credit scores).

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Understanding Gen Z in the Workplace

HR Digest

Their habits for financial management are different from those of previous generations as well. Generation Z are known for being more responsible with their money than millennials, so they tend to have a higher credit score. Managing Gen z in the Workplace . There are some challenges in managing gen z in the workplace.

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Why P2P Lending Makes Complete Sense for Startups

Strategy Driven

Since the entire process is technologically driven, it ensures transparency and involves low operating costs and market risk. Also, startup owners who do not have good credit but a healthy cashflow find it tough to get loans from credit unions or banks. It is a debt-based investment that’s different from crowdfunding.

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How to Start Your Own Business Online

Strategy Driven

Make use of technology and create a landing page and list down all important attributes of the product/service. Improve the credit score of the business. To receive the loan grants with ease, focus on improving and maintaining your company’s and personal credit scores.

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Common Financial Mistakes Small Businesses Make and How to Avoid Them

Strategy Driven

Understanding and managing figures pertaining to your business helps to improve the survival rate of your business. Irrespective of the size of your business, correct management of your expenses can pave the way for the smooth functioning of your business. Finance is at the very heart of every business!

Finance 103
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Does Bigger Data Lead to Better Decisions?

Harvard Business Review

Some innovative companies are connecting data traditionally used by banks to assess the credit score of loan applicants with information ranging from mobile phone usage data to online social media relations data, in order to better and faster assess the creditworthiness of a micro-loan applicant.

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How Health Care Changes When Algorithms Start Making Diagnoses

Harvard Business Review

This won’t take doctors out of the loop entirely, but it will create new opportunities and new dangers as the technology evolves and becomes more powerful. Food and Drug Administration’s pilot “Pre-cert” program, which is directed at finding new ways to evaluate technologies like machine learning, is one such example.