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Lendinero and the challenges in offering financing to Latino Businesses

Lendinero and the challenges in offering financing to Latino Businesses

NEW YORK (DEBANKED) JUNE 2015

The number of minority-owned businesses jumped nearly 46% from 2002 to 2007, according to the Minority Business Development Agency. The growth rate is three times as much as for U.S. businesses as a whole. These businesses increased 55% in revenues over that five-year period. There are a number of minority groups within this category. Latino businesses are leading the way.

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