Minority businesses still struggle with credit in a way other small businesses do not, a report from global business analytics firm Experian says.
According to Experian, minority owned businesses see an average business credit score of 49.7, five points lower than other U.S. businesses.
Meanwhile, minority small business owners struggle with an average consumer credit score of 707, a full 15 points lower than the consumer credit score of other U.S. small business owners.
Minority Businesses Struggling With Credit According to Experian Report
Posted by lyceum under Raising CapitalFrom http://smallbiztrends.com 2960 days ago
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