Financial Support For Black-Owned Businesses

Written by on March 3, 2024

supersizer/ Getty Images; Illustration by Austin Courregé/Bankrate

Key takeaways

  • Black-owned businesses in the U.S. employ more than 1 million Americans.
  • Studies show that Black entrepreneurs face more challenges than their white counterparts to secure the capital they need. This is true, even if they have a stronger credit profile.

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