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Latino-owned businesses seeing record growth despite racial disparities in lending

Latino-owned businesses seeing record growth despite racial disparities in lending and last updated 2021-02-18 14:32:35-05 New research is showing racial bias in banking, particularly toward the fastest growing group of small business owners in the United States: Latinos. Data collected by the Stanford Latino Entrepreneurship Initiative shows Latino business ownership grew 34% over last 10 years compared to 1% growth from all other business owners. In addition, Latino businesses grew revenue at...
Stanford University United States University Of San Diego Marlene Orozco James Beard Stanford Latino Entrepreneurship Initiative

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