Huffpost, February 10, 2022, Porsha Williams Shares The Black-Owned Brands She Loves
Per the U.S. Department of Commerce’s Minority Business Development Agency, Black entrepreneurs in America are statistically less likely to get approved for small business loans than white entrepreneurs. Further, according to the National Community Reinvestment Coalition, Black business owners are treated inferior to white business owners when applying for loans, often being approved for less overall funding with higher interest rates.
