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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

In this article, we will discuss how Generation Z’s habits differ from those of previous generations regarding finances and work ethic. Generation Z are known for being more responsible with their money than millennials, so they tend to have a higher credit score. They are also very innovative and come up with new ideas.

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All You Need to Know About Unsecured Business Loans

Strategy Driven

How are you going to finance the idea which you have in your mind is the main question. When you read the biography of any big businessmen they all tell how they gather up finances. Money is an essential component of any business. Profit and Loss: Another important thing lender wants to know is how well is your business running.

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Exploring the NewRez Family of Companies

Talent Anarchy 1

What sets NewRez apart is its commitment to innovation, customer service, and a wide range of mortgage products that cater to diverse needs. FHA Loans Federal Housing Administration (FHA) loans are tailored for first-time buyers and those with lower credit scores. commonly known as NewRez.

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Use Data to Fix the Small Business Lending Gap

Harvard Business Review

Today, community banks are being consolidated and larger banks are relying more and more on data-driven credit scoring to make small business loans—if they are making them at all. My recent Harvard Business School Working Paper on small business credit explores new technology-driven entrants in the world of small business lending.

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The most common financial mistakes graduate entrepreneurs make

Strategy Driven

Amongst the world’s ambitious graduates are some of the next generation’s entrepreneurs and innovators. Levi King , entrepreneur, CEO and Co-Founder of Nav, advises never to mix personal and business finances for the following reasons: • Separating business and personal finances helps you look legit. • In an article for Inc.,

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Use Data to Fix the Small Business Lending Gap

Harvard Business Review

Today, community banks are being consolidated and larger banks are relying more and more on data-driven credit scoring to make small business loans—if they are making them at all. However, all these online models depend on developing accurate new predictive models of credit assessment, often using new sources of data.