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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

Finance is at the very heart of every business! Venturing in Without a Clear Plan Starting a business without a clear plan for your finances is like walking blindfolded. Hence, it is highly advisable to develop a business plan that maps out your business finances, the business model and the nitty gritty involved in its implementation.

Finance 91
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Research: The Digitization of Banks Disproportionately Hurts Women Entrepreneurs

Harvard Business Review

In Sweden, for example, the portion of approved bank loans to small and medium-size enterprises has decreased by 15% over the last 10 years , and roughly 60% of all ventures in need of external financing have reported difficulties in accessing financing for their investments.