And one of them was, what we need to do around getting folks the help to just be able to buy the equipment they need to run their business. And Oftentimes, we find that when black entrepreneurs and black people apply for credit, they're denied at a higher rate than others. We have also seen, and the data proves this, that all of those realities also tend to dissuade black folks, and black entrepreneurs in particular, from even applying for credit. (49:36–49:46)
CLAIM
Asserts that black entrepreneurs face higher credit denial rates.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
