In February, the Small Business Administration launched LINC—Leveraging Information and Networks to Access Capital. According to SBA.gov, LINC is a simple way to connect prospective SBA lenders to small businesses in need of capital. “Once you fill out the form, your business information will be sent to participating SBA lenders who will contact you within 48 […]
Monday, the “NewsOne Now” panel discussed a recent Wall Street Journal report that found black-owned businesses receive just 1.7% of the $23.09 billion in total SBA loans. According to the WSJ: 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 […]
