Minority business loans are the ideal financial solutions for minority entrepreneurs who are tired of getting rejected by banks and other lenders.
Learn how to get the perfect minority business loan or line of credit for you, and gain easier access to the great funding options caucasian business owners are using to take advantage of the surge in the US economy.
Minority business loans are specialized to help minority entrepreneurs take advantage of any business opportunity, and take on any business challenge without any complexity, long wait times, or hassle.
Here are a few of the exclusive benefits that make minority business loans easily accessible to minority entrepreneurs:
You don’t need a stellar financial history or immaculate FICO to get a business loan for minorities. All you need is:
Minority owned businesses that meet both of these qualifications already have a 90% chance to get approved for the financing option of their choice.
Minority-owned businesses are multiplying rapidly throughout the US. Recent reports show that the number of small businesses owned by minorities nearly doubled over the last decade, and generate nearly $2 million in annual revenue.
Minority business owners have a much tougher time getting funded than Caucasian business owners. With the economy being more conducive than ever to small business growth, it seems as though we’ve finally entered an age of equal access to growth for all ethnicities.
The majority of minority entrepreneurs get fed up with getting rejected by banks and traditional lenders, and resort to paying out of pocket to fund their business growth, which can be a financial disaster.
Read on to learn how and where to get minority small business loans, and gain access to the perfect financing options for your specific needs.
To get minority business loans, first you have to get your financials in order, and make sure your business meets the standard qualifications set by the lender.
Since they aren’t regulated at the federal level, each financing company will have different requirements for approval in place that you must meet.
Most lenders disguise the regular small business loans they offer as ‘minority business loans’-even though they don’t come with exclusive benefits that make them easier for minority business owners to get-just to say they provide them, and profit off of unwary minority businesses.
Make sure you speak to a reputable lender before applying, and ask how their minority business loans specifically help provide faster, easier access for minority entrepreneurs. Ask them about their rate of approval, interest rates, and the amount of experience they’ve had providing for minority-owned businesses.
NBC has been a highly-reputable financing provider for minority-owned small businesses for over 10 years. We know what it takes to get minority small business loans and business lines of credit with terms that perfectly match our clients’ needs, whatever they may be.
Give us a call at (877) 482-3008 to speak with a Business Financing Advisor, and ask which minority business loan is best for you.
Or, apply for a minority business loan today by filling out this 1-minute application online, and we will get in contact with you shortly regarding your offers moving forward.
Never let a lender tell you that you can’t gain access to the same business financing options that any other business owner would have an easy time obtaining.
Contact NBC, and get the financing you need, with the respect you deserve.
National Business Capital & Services is the #1 FinTech marketplace offering small business loans and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.
Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.
We strengthen local communities one small business loan at a time. For every deal we fund, we donate 10 meals to Feeding America!
Megan Capobianco is the Marketing Manager at National Business Capital & Services. Megan is passionate about helping business owners along their journey - providing them with relevant content they can use in their day-to-day operations.