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Minority Entrepreneurs Still Face Discrimination When Seeking Finance

The Horizons Tracker

Nearly ten years ago, a group of researchers from Brigham Young University, Utah State University, and Rutgers shed light on a disconcerting phenomenon: discrimination within the realm of bank loan services, which cast a shadow over the American Dream for minority entrepreneurs.

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Common Financial Mistakes Small Businesses Make and How to Avoid Them

Strategy Driven

These influences can have a solid impact on the working of your business as consumer spending habits change, and the cost of commodities increases or decreases depending on market conditions. Hence, an alternative solution is to discover cost-effective low-credit loans. If yes, then you have enough savings to start with.

Finance 100
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Research: The Digitization of Banks Disproportionately Hurts Women Entrepreneurs

Harvard Business Review

But our research finds that this ongoing transformation has clear downsides for entrepreneurs in general and women in particular. It turns out that women entrepreneurs who seek to finance their ventures using bank financing are increasingly forced to find solutions elsewhere.