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1 This Entrepreneur Created A Credit Building App After Seeing ...
https://www.blackenterprise.com/a-black-entrepreneur-saw-how-credit-scores-negatively-affect-black-and-brown-americans-so-he-created-esusu/
Black business owners are being denied business loans from banks despite having good credit scores and showing consistent annual profits.
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2 Black Entrepreneur Creates Credit-Building App After Seeing ...
https://www.yahoo.com/video/black-entrepreneur-creates-credit-building-193018799.html
Black Entrepreneur Creates Credit-Building App After Seeing How Credit Scores Hinder Black And Brown Americans. Derek Major.
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3 Business of Being Black with Tammi Mac: Credit Score System
https://foxsoul.tv/business-of-being-black-with-tammi-mac-credit-score-system/
Tammi and her guests are talking about the American credit score system and how it affects individuals. Plus, a lot more.
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4 Credit Scoring Adversely Affects Black And Brown Americans
https://www.forbes.com/sites/forbestheculture/2022/02/14/credit-scoring-adversely-affects-black-and-brown-americans-meet-the-29-year-old-entrepreneur-trying-to-change-that/
The American credit system disadvantages communities of color, says Danielle Burns, vice president and head of business development at CNote.
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5 The Black Business Credit Gap - U.S. Black Chambers, Inc.
https://usblackchambers.org/news-events/the-black-business-credit-gap/
According to Busby, those with challenged credit scores as low as 560 can secure financing at competitive rates by way of Liberty Bank. He added, “It's putting ...
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6 Building Business Credit For Your Black-Owned Business
https://www.africanamericanchambersa.org/building-business-credit-for-your-black-owned-business/
A study released in 2020 by the Federal Reserve Bank of Atlanta reveals that 52% of Black business owners relied on their personal credit scores to get ...
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7 Small Business Loans for Black-Owned Businesses
https://aofund.org/resource/black-business-loans/
Now learn how to secure funding for your black-owned business and grow to new ... including other open business lines of credit, and your credit score ...
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8 Black Enterprise - Google Books
https://books.google.com/books/about/Black_Enterprise.html?id=g14EAAAAMBAJ
BLACK ENTERPRISE is the ultimate source for wealth creation for African American professionals, entrepreneurs and corporate executives.
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9 Black Enterprise Money Q&A: How to Have Perfect Credit
https://askthemoneycoach.com/black-enterprise-money-qa-perfect-credit/
Want to have perfect credit? In this interview with Black Enterprise, I share a few tips on how to boost your credit score.
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10 "Activate Detroit" Brings New, Credit-Blind Approach - CDC ...
https://cdcloans.com/press-releases/empowering-black-owned-businesses-activate-detroit-brings-new-credit-blind-approach/
Character-based evaluations, rather than credit scores, are key for Activate ... How Black Business Owners Can Apply for Activate Detroit.
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11 Credit repair letters, Black enterprise, Women entrepreneurship
https://www.pinterest.com/pin/top-takeaways-from-founder-ceo-of-blendoor-stephanie-lampkin-at-the-2016-entrepreneurs-summit--20125529563851821/
Top takeaways from Founder & CEO of Blendoor, Stephanie Lampkin, at the 2016 Entrepreneurs. blackenterprise. Black Enterprise. 12k followers.
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12 4 Best Business Credit Cards for Bad Credit (December 2022)
https://wallethub.com/credit-cards/bad-credit-business/
Apply online for the best bad credit business card. ... credit cards for bad credit help small business owners with credit scores below 640 ...
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13 Data Study on Minority Business Owners - Experian
https://www.experian.com/business-information/landing/minorities-data-study
The study shows that minority-owned small businesses struggle when it comes to credit management compared with the overall small business population. For ...
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14 Michelle Black, Author at Nav
https://www.nav.com/blog/author/michelle-black/
She's an expert on credit reporting, credit scoring, identity theft, budgeting, and debt eradication. Michelle is also an experienced personal finance and ...
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15 Featured on Black Enterprise - MoCaFi
https://mocafi.com/2021/04/12/featured-on-black-enterprise/
MoCaFi was featured on BlackEnterprise.com, in an article titled Black ... banking services more vigorously to scores of Black Americans.
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16 Business Credit Cards from American Express
https://www.americanexpress.com/us/credit-cards/business/business-credit-cards/
Explore all the rewards and benefits of business credit cards from American Express and find the right business card to help grow and run your business.
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17 How To Support Black-Owned Businesses - Bankrate
https://www.bankrate.com/finance/credit-cards/support-black-owned-businesses/
A 2019 Congressional Black Caucus Foundation report found roughly 17.6 percent of Black business owners turn to personal credit to fund ...
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18 How the 'Credit Gap' Holds Black Americans Back From ...
https://www.businessinsider.com/personal-finance/credit-gap-black-americans-building-wealth-2021-1
A good credit score is a ticket to better interest rates and sometimes even a job. But Black Americans aren't treated equally by the scoring ...
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19 An analysis of financial institutions in Black-majority ...
https://www.brookings.edu/research/an-analysis-of-financial-institutions-in-black-majority-communities-black-borrowers-and-depositors-face-considerable-challenges-in-accessing-banking-services/
This report documents that, at a local level, there are stark contrasts in access to credit for African Americans: Interest rates on business ...
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20 Establish business credit - Small Business Administration
https://www.sba.gov/business-guide/plan-your-business/establish-business-credit
Maintain good personal and business credit history. Existing businesses have the advantage of an established financial history. But loan eligibility for a new ...
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21 Business Credit Report for Small Business - Equifax
https://www.equifax.com/business/product/business-credit-reports-small-business/
Checking the credit history and financial well-being of a business first could save you frustration or lost dollars later. While you're at it, keeping track ...
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22 Average Credit Scores by Race - Investopedia
https://www.investopedia.com/average-credit-scores-by-race-5214521
Hispanics roughly match the national average, and Black credit scores as a group are below average.1; The average score among all of the groups is ...
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23 Black Business Owners Shut Out From Capital - NerdWallet
https://www.nerdwallet.com/article/small-business/racial-funding-gap
The racial funding gap means that Black business owners are approved for ... BIPOC have, on average, lower credit scores than white people.
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24 Report: Black business owners are denied bank loans twice ...
https://thegrio.com/2020/01/15/report-black-business-owners-are-denied-bank-loans-twice-as-often-as-white-business-owners/
Black business owners are routinely denied bank loans, even if they have good credit scores and consistent annual profits.
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25 Black Enterprise Guide to Starting Your Own Business
https://www.amazon.com/Black-Enterprise-Guide-Starting-Business/dp/047132454X
Black Enterprise Guide to Starting Your Own Business [Beech, Wendy] on ... Customer Reviews, including Product Star Ratings help customers to learn more ...
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26 Report on Minority-Owned Firms - Fed Small Business
https://www.fedsmallbusiness.org/survey/2017/report-on-minority-owned-firms
2016 Small Business Credit Survey: Report on Minority-Owned Firms ... We primarily report results by four race/ethnicity categories: white, black or African ...
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27 Why young adults in minority communities have lower credit ...
https://www.cnbc.com/2022/09/08/why-young-adults-in-minority-communities-have-lower-credit-scores.html
Young adults in majority Black and Hispanic communities are also more likely to see their credit scores decline as they age. Those factors can ...
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28 Home Page - BBIF - Florida's Leading Minority Lending Providor
https://bbif.com/
Flexible & Fair Loan Terms. Your small business is more than a credit score. · Borrow Up to $2 Million. Apply for a business loan from $5,000 to ...
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29 Why Is My Personal Credit Score Used to Qualify for a ...
https://www.entrepreneur.com/money-finance/why-is-my-personal-credit-score-used-to-qualify-for-a/370299
Why Is My Personal Credit Score Used to Qualify for a Business Loan? ... Here's How to Shop Safely on Black Friday and Cyber Monday, ...
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30 Novae Money - Providing Fintech Solutions for Consumers ...
https://novaemoney.com/
Forbes Magazine. "Novae is helping business owners establish business credit scores then leveraging the scores to access cash and credit." · Yahoo Finance · Black ...
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31 Survey: Black small business owners' credit concerns didn't ...
https://www.bostonfed.org/news-and-events/news/2021/07/snapshot-of-black-small-business-owners-shows-worry-about-access-to-credit-during-pandemic.aspx
Survey: Black small business owners' credit concerns didn't fade ... maybe rent payment history, cash flow data from a small business, ...
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32 viral impact in black communities - Next City
https://nextcity.org/pdf/EBBC_Report.pdf
report advisor) and Cliff Barber (author). ABOUT THE EXPANDING BLACK BUSINESS CREDIT INITIATIVE (EBBC). Formed in January 2016, EBBC is a Steering Committee ...
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33 Credit Survey Finds White-Owned Small Businesses Were ...
https://www.newyorkfed.org/newsevents/news/regional_outreach/2021/20210415
Low-credit risk businesses with Black and Latino owners were approved ... as the basis for the Small Business Credit Survey: 2021 Report on ...
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34 Race, Gender, and Discrimination in the Credit Scores of ...
https://www.researchgate.net/publication/279220476_Credit_Where_Credit_is_Due_Race_Gender_and_Discrimination_in_the_Credit_Scores_of_Business_Startups
The Review of Black Political Economy. Credit Where Credit Is Due?: Race, Gender, and the Credit Scores of Business. Startups.
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35 The Definitive Guide to Building Business Credit - MoneyTips
https://moneytips.com/definitive-guide-building-business-credit/
Black woman boutique owner ... Great business credit scores can make it easier to access financing options from loans to credit cards and ...
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36 Best Small Business Credit Cards of December 2022 ...
https://www.valuepenguin.com/best-small-business-credit-cards
The best business credit card for small business owners is the Capital ... average credit and can let you build or rebuild your credit score ...
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37 Invest in Black entrepreneurship - Citi
https://www.citigroup.com/citi/racial-equity/our_approach_invest.html
Black-owned businesses have long faced obstacles in obtaining loans. ... entrepreneurs increase their credit scores and access more affordable credit.
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38 Places With the Most Black-Owned Businesses | LendingTree
https://www.lendingtree.com/business/small/black-owned-businesses-study/
Build strong business credit: When you start a business, lenders will pay more attention to your personal credit score, but you'll also want to ...
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39 Minorities Rely More on Personal Credit Scores vs Business ...
https://smallbiztrends.com/2020/05/minority-business-credit-scores.html
Black and Hispanic minority business owners rely more on personal credit scores, and Blacks are more likely to have scores below 670.
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40 Access to Credit for Small and Minority-Owned Businesses
https://www.clevelandfed.org/publications/economic-commentary/2022/ec-202204-access-to-credit-for-small-and-minority-owned-businesses
Black-owned businesses were 8.8 percentage points more likely to report that their business revenues decreased significantly, ...
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41 Check Your Business Credit Scores and Ratings
https://www.dnb.com/products/small-business/check-my-business-credit.html
Dark Web Monitoring alerts are included for the initial term of your product subscription with Dun & Bradstreet. Dun & Bradstreet, at its sole discretion, may ...
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42 The Tapestry of Black Business Ownership in America
https://aeoworks.org/images/uploads/fact_sheets/AEO_Black_Owned_Business_Report_02_16_17_FOR_WEB.pdf
history of entrepreneurship among Black Americans going back to the earliest days of this ... These are: the Wealth Gap, the Credit Gap, and the Trust Gap.
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43 Lack of credit has been a huge obstacle to Black home buyers ...
https://www.washingtonpost.com/business/2022/02/17/lack-credit-has-been-huge-obstacle-black-home-buyers-now-some-lenders-are-trying-fix-that/
For example, traditional credit scores penalize prospective borrowers for having large student loans or a high debt-to-income ratio, both of ...
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44 What Is a Business Credit Score, and Does It Matter?
https://www.business.com/articles/what-is-business-credit-score/
“Personal credit scores are determined through FICO's algorithms based on your personal credit history,” he said. “Business credit scores, ...
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45 Hello Alice launches best-in-class small business credit card ...
https://www.mastercard.com/news/press/2022/august/hello-alice-launches-best-in-class-small-business-credit-card-with-mastercard/
For business owners with a limited or poor credit history, the credit-building ... In a recent Hello Alice survey of Black business owners, ...
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46 How to Fund Your Business - U.S. Chamber of Commerce
https://www.uschamber.com/co/run/business-financing/small-business-funding-guide
Because it isn't a loan, whether a factoring company will work with your small business or not is not as dependent on your credit score, but ...
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47 State Small Business Credit Initiative (SSBCI)
https://home.treasury.gov/policy-issues/small-business-programs/state-small-business-credit-initiative-ssbci
State Small Business Credit Initiative (SSBCI). On March 11, 2021, President Biden signed The American Rescue Plan Act, which reauthorized ...
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48 Access to Financial Services Matters to Small Businesses
https://www.federalreserve.gov/publications/2019-november-consumer-community-context.htm
Federal Reserve Banks, Small Business Credit Survey: 2019 Report on ... Therefore, an increased share of black-owned businesses could ...
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49 Best Business Credit Cards - FangWallet
https://fangwallet.com/2022/05/15/best-business-credit-cards/
You need an excellent credit score to qualify for this card. American Express Business Platinum Card. The Business Platinum Card by American ...
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50 Apply for a Black Entrepreneur Program Loan - CIBC
https://www.cibc.com/en/business/banking-for-black-owned-businesses.html
CIBC Aventura® Visa* Card for Business. Earn points that don't expire4, and combine your Aventura business and personal credit card points to reward yourself ...
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51 TransUnion: Credit Scores, Credit Reports & Credit Check
https://www.transunion.com/
Transunion offers total credit protection all in one place from credit score, credit report and credit alert. Check your credit score today from TransUnion!
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52 What credit score do you need for the Amex Business ...
https://thepointsguy.com/credit-cards/american-express/credit-score-amex-business-platinum/
If you're interested in the American Express Business Platinum card, here's what you need to know about consumer and business credit scores before applying.
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53 Small Business Credit Scores - FICO
https://www.fico.com/en/solutions/small-business-credit-scores
FICO's small and medium enterprise (SME) scores provide lenders with ways to expand loan portfolios while ... glass building skyscraper black and white.
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54 Ingrid E. - Founder - KJV Capital Funding - LinkedIn
https://www.linkedin.com/in/ingridebanks
Unlike traditional lenders, we approve small business loans by looking at real-life data, not just a credit score. Your funds will be in your account in ...
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55 BlackEnterprise.com Announces Website Relaunch
https://d-mars.com/blackenterprise-com-announces-website-relaunch/
NEW YORK, Dec. 5, 2017 /PRNewswire/ — Black Enterprise, the premier business and financial resource for African Americans, today unveiled a completely new and ...
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56 Free credit score | Get your report now - U.S. Bank
https://www.usbank.com/online-mobile-banking/online-banking/get-your-free-credit-score.html
Credit scores are important when it comes to getting a good interest rate on a consumer loan or any other loan. Keep reading to get your free credit report!
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57 Check Your Credit Score for Free with Credit Journey | Chase
https://www.chase.com/personal/credit-cards/free-credit-score
NOT FDIC INSURED; NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY; NO BANK GUARANTEE; MAY LOSE VALUE. Business Banking.
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58 4 Business Credit Myths Debunked | Black Girl Ventures
https://www.blackgirlventures.org/post/4-business-credit-myths-debunked
While a startup may be evaluated for financing based on their personal credit score, once the business is up and running, lenders will place ...
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59 FAQ - The Federation of African Canadian Economics
https://facecoalition.com/faq
How is the Loan Fund connected to other components of the Black ... My credit rating is low, however, my business plan and financial statements are strong.
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60 A Guide to Small Business Loans for Minorities - Funding Circle
https://www.fundingcircle.com/us/resources/minority-business-loans/
New businesses are eligible, and there is no minimum credit score required to qualify for these minority business loans.
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61 20 Black-Owned Business Statistics for 2021 - Fundera
https://www.fundera.com/resources/black-owned-business-statistics
Only 18% of Black business owners report receiving assistance from ... Credit cards: 30% of white business owners, 15% of Black business ...
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62 10 Minority Small Business Grants & Other Grant Opportunities
https://www.merchantmaverick.com/business-grants-minorities/
Find the best grants for minority business owners or startups available now ... Requirements: Credit score 600+, $250,000 per year revenue, ...
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63 Many Black Entrepreneurs Have These 10 Myths and ...
https://communityjournal.net/many-black-entrepreneurs-have-these-10-myths-and-misconceptions-about-business-credit/
Cedric Garner, certified business credit specialist ... check your business credit report for errors, and also maintain a good credit score.
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64 Hello Alice Launches Best-In-Class Small Business Credit ...
https://helloalice.com/blog/hello-alice-small-business-mastercard/
For business owners with a limited or poor credit history, the credit-building ... In a recent Hello Alice survey of Black business owners, ...
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65 Black-Owned Businesses Often Struggle to Access Capital ...
https://insight.kellogg.northwestern.edu/article/black-owned-businesses-access-capital-financial-institutions-change
And how can banks and investors ensure that Black and other ... he says, would be to do away with credit scores and available credit limits ...
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66 High Credit Scores Still Not Enough for Black Businesses to ...
https://atlantablackstar.com/2020/01/17/high-credit-scores-still-not-enough-for-black-businesses-to-secure-loans-federal-reserve-data-shows/
Black business owners are denied loans more than any other group, despite having good credit and steady profits, U.S. Federal Reserve data ...
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67 HELLO ALICE LAUNCHES BEST-IN-CLASS SMALL ...
https://www.prnewswire.com/news-releases/hello-alice-launches-best-in-class-small-business-credit-card-with-mastercard-301606523.html
For business owners with a limited or poor credit history, the credit-building credit card provides cardholders full card benefits while ...
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68 Black Enterprise on the App Store
https://apps.apple.com/us/app/black-enterprise/id1477239694
Read reviews, compare customer ratings, see screenshots, and learn more about Black Enterprise. Download Black Enterprise and enjoy it on ...
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69 Why Do Blacks Struggle Getting Business Loans? - Medium
https://medium.com/age-of-awareness/why-do-blacks-struggle-getting-business-loans-bd19596c4560
Poor or little credit history: “The average minority small business owner has a credit score of about 707–15 points lower than the average ...
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70 How Chicago's 'Promised Land' of Black Business Disappeared
https://www.politico.com/news/magazine/2021/12/07/chicago-black-owned-businesses-history-523622
'Lost to history'. It hasn't all evaporated, of course. Boutte notes there are fewer Black businesses in the city, but some are doing ...
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71 New $100M loan fund for Philly's black and brown-owned ...
https://www.inquirer.com/business/bipoc-capital-business-investment-pandemic-20220111.html
She is a small business owner in Philadelphia who applied for a ... “I talked to Beech Capital, and even though my credit score was low.
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72 Wells Fargo Rejected Half Its Black Applicants in Mortgage ...
https://www.bloomberg.com/graphics/2022-wells-fargo-black-home-loan-refinancing/
engineer is married to a doctor and has a credit score north of 800, putting him in America's credit elite. The loan officer at the bank even ...
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73 Building supportive ecosystems for Black-owned US businesses
https://www.mckinsey.com/industries/public-and-social-sector/our-insights/building-supportive-ecosystems-for-black-owned-us-businesses
Even with strong personal credit, Black business owners and other ... and knowledge of the United States' history of discrimination—can make ...
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74 Black Business Month: 8 Quotes to Inspire Business Owners
https://resources.smartbizloans.com/blog/business-owners/black-business-month-inspiring-quotes-inspire-business-owners/
Black Business Month recognizes the importance of ... *We conduct a soft credit pull that will not affect your credit score.
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75 John Hope Bryant to become writing contributor for Black ...
https://johnhopebryant.com/2016/07/john-hope-bryant-to-become-writing-contributor-for-black-enterprise-starting-july-2016.html
I grew up reading the pages of Black Enterprise Magazine, and from time to time over the four decades since I started my first business at ...
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76 Visa® Black Card Requirements (And 5 Other High-Limit Cards)
https://www.cardrates.com/advice/visa-black-cards-requirements/
If you're looking for information on Visa Black Card requirements, ... Her expertise lies in business economics, credit scores and reports, ...
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77 Black Womenomics — Equalizing Entrepreneurship
https://www.goldmansachs.com/insights/pages/gs-research/black-womenomics-equalizing-entrepreneurship/report.pdf
More than half the Black business owners who seek credit report receiving less than the amount they requested from financial institutions ...
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78 11 Funding Options for Black-Owned Businesses - SCORE.org
https://www.score.org/blog/11-funding-options-black-owned-businesses
These include the nature of your business and its financial background. However, instead of your credit rating, Kiva uses a social verification ...
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79 How to close the Black business credit gap - Houston Defender
https://defendernetwork.com/news/business-news/close-black-business-credit-gap/
According to Busby, those with challenged credit scores as low as 560 can secure financing at competitive rates by way of Liberty Bank. He added ...
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80 Black and Hispanic people are more likely to be denied ...
https://www.wbur.org/news/2022/03/30/home-loans-mortgages-boston-denials
And he started his own cleaning business on the side, which increased his income. He also built up his credit score, getting it to the 800s ...
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81 Business Credit Cards | Citi.com
https://www.citi.com/credit-cards/compare/business-credit-cards
Business credit cards can help grow and run your small business or a well-established company. Explore business credit card offers from Citi including cash ...
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82 Spark Small Business Credit Cards | Capital One | Apply Now
https://www.capitalone.com/small-business/credit-cards/
If your card is lost or stolen, you can get an emergency replacement card and a cash advance. Year-End Summaries. Get an itemized report of your ...
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83 Best Places for Black Entrepreneurs - 2022 Study - SmartAsset
https://smartasset.com/data-studies/best-places-for-black-entrepreneurs-2022
They include Black-owned business success (number of Black-owned businesses, ... Additionally, many businesses report high profits.
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84 Race, Gender, and Discrimination in the Credit Scores of ...
https://rrapp.hks.harvard.edu/an-entrepreneurs-racial-and-gender-identity-influence-an-entrepreneurs-credit-score-and-access-to-capital/
Race, Gender, and Discrimination in the Credit Scores of Business Startups ... Black-owned startups have significantly lower business credit ...
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85 What Will Leave a Black Mark on My Credit Report?
https://www.foxbusiness.com/features/what-will-leave-a-black-mark-on-my-credit-report
Your credit history includes your amount of debt and payment history, ... a consumer or business's debt — or make it easier to pay off.
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86 Angel Rich Makes History as 1st Black Woman to Develop ...
https://www.blackbusiness.com/2021/04/angel-rich-first-black-woman-develop-fintech-creditrich-app-partnership-experian.html
This technology will enable banks to increase loans to first-time home buyers, auto sales, small business lines of credit, and assist other ...
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87 Capital One awarding $10k grants to Black-owned businesses
https://www.zdnet.com/finance/banking/capital-one-offers-support-for-small-businesses-going-into-2022-with-two-new-initiatives/
Going into 2022, small businesses are anticipated to see record growth. In its Business Insights report, Intuit estimates a record-breaking 17 ...
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88 Why is Black business funding still an issue? - Clearco
https://clear.co/blog/black-business-funding/
Learn the 5 ways how to close the Black business funding gap. ... A participant born in Africa mentioned there isn't a credit score or loan ...
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89 Federal Trade Commission | Protecting America's Consumers
https://www.ftc.gov/
Get your free credit report · Report identity theft · Register for Do Not Call. Have you been targeted by an illegal business practice or scam?
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90 How to get approved for Chase Ink Business Credit Card!
https://www.youtube.com/watch?v=inIeovmZrWA
Kelvin McNeil
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91 Black Entrepreneurship's Lethal Pre-Existing Condition
https://ncrc.org/black-entrepreneurships-lethal-pre-existing-condition-the-racial-wealth-divide-during-the-covid-crisis/
Black America was in an economic crisis before COVID-19, ... personal credit score to obtain business funding, even though Black-owned firms ...
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92 Black-owned firms are twice as likely to be rejected for loans ...
https://www.theguardian.com/business/2020/jan/16/black-owned-firms-are-twice-as-likely-to-be-rejected-for-loans-is-this-discrimination
... by African American business owners get approved, a report found. ... for a credit card and experienced the highest turn-down rate.
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93 Lowe's Business Credit Cards
https://www.lowes.com/l/Credit/business-credit-center
No credit checks.7. • Fund with a debit/credit card or business checking account. • Organize purchases by cardholder with customized categories.
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94 7 Best Credit Repair Companies of December 2022 - Money
https://money.com/best-credit-repair-companies/
Credit report mistakes are much more common than you might think. And, while you can remove inaccurate information from your credit report yourself, ...
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95 9 Best Small Business Startup Loans for Minorities
http://nmsdc.org/9-best-small-business-startup-loans-for-minorities/
The loan the borrower requested might have been too small, the bank would not lend to a startup, or the borrower's credit score was too low.
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96 Does My Personal Credit Score Impact My Business? - Due
https://due.com/blog/personal-credit-score-impact-business/
Here are some instances when your business credit may be impacted by your personal credit score. Table of Contents. Sole Proprietorships; LLCs ...
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