American Entrepreneurship

MARCH 28, 2024

According to a Small Business Credit Survey conducted by the 12 Federal Reserve Banks, Black and Latino-owned firms are less than half as likely as white-owned firms to be approved for financing. Census Bureau, 48 percent of all personal care businesses are minority-owned, compared to just 20 percent in other industries.

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StartupNation

JULY 12, 2021

just two months later as businesses slashed headcount, reduced inventory and began reimagining nearly every in-person service through the lens of a remote delivery model. It generally requires a personal guarantee. Equipment finance: Fixed rates in the mid-single digits to mid-teens depending on credit quality.

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Angel Capital Association

FEBRUARY 16, 2024

Companies in the technology, retail, wholesale and manufacturing sectors are eligible as QSBs, but those in hospitality, personal services, the financial sector, farming and mining are not eligible. Section 1202 of the Internal Revenue code allows individuals to invest in small businesses.

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TechCrunch

FEBRUARY 19, 2021

Data is the grand prize for Big Tech, not revenue from financial services. Naturally, Big Tech players have recognized the opportunity to foray into financial services and flex their innovation muscles, giving banks and credit unions a strenuous run for their money. It must be done in a way that ensures security and privacy.

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