Photo: Digital Vision
Despite increased visibility and support in recent years, many Black-owned businesses across the nation continue to face deep-rooted challenges that threaten their survival and growth.
From limited access to capital and systemic barriers in lending to underrepresentation, Black entrepreneurs are navigating a business landscape that remains far from equitable. As economic uncertainty lingers, these long-standing pain points are becoming even more magnified.
Keep scrolling for a breakdown of the most common and significant challenges Black business owners face:
Limited Access to Capital
Without capital, it’s difficult to start, sustain, or scale a business. Black entrepreneurs are disproportionately denied loans or receive smaller loans at higher interest rates. Fe