Loan Rebound Misses Black Businesses

Written By The USA Links on Friday, 14 March 2014 | 20:45


WSJ.com: US Business

Loan Rebound Misses Black Businesses

Updated March 14, 2014 11:30 p.m. ET


Black entrepreneurs have largely missed out on a rebound in federal small-business lending since the financial crisis ended.


More than four years into the nation's economic recovery, African-Americans looking for loans are struggling to overcome deeper financial distress, tighter lending standards and cutbacks by some lenders.


U.S. financial institutions made $382.5 million in Small Business Administration loans to black-owned...





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