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Small Businesses Are Great; Not Their Access to Credit

Small Businesses Are Great; Not Their Access to Credit

I love small businesses. I love that sign on the street corner saying “opening soon” and the anticipation of being one of the first patrons to walk in and experience something new. 

Not only can small businesses give us a sense of purpose and connection, they are also a driving force of the economy. But small business loans aren't always so easy to come by, especially if you're a minority. The small business loan denial rate for minorities is 30%, more than twice that of non-minority groups (only 12.3%).

You can change this pattern. A journey of a thousand miles begins with one step. Take a step by downloading our free Issues Brief to learn how to bring Community Microfinancing into your community.

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