How can women and minority business owners ensure they get a fair assessment when applying for an SBA loan? Unfortunately, bias still persists, and in some cases can discourage owners from pursuing funding that would prove useful.
American Banker recently made the case for technology to level the playing field. According to a new story, younger businesses in the loan space are looking at ways that algorithms and automation might improve lending rates for women.
The argument goes that humans will always have unconscious biases at play when deciding whether or not to award a loan. A process that takes that human bias out of the equation could theoretically offer fewer individual opinions that influence lender decisions. Various experts referenced in the source noted the issues impacting women business owners, one of these being Office of Capital Access Associated Administrator at the SBA Erin Andrew.
“Younger businesses in the loan space are looking at ways that algorithms and automation might improve lending rates for women.”
“The challenge for women-owned businesses is 90% don’t have employees, they’re individually run, independently owned businesses,” she said. “Generally if you have employees, you’re more likely looking to leverage capital, you’re growing, you’re accessing loans, you’re having an impact on your community.”
Obviously, it isn’t just women who face possible bias when looking for loans. A 2013 SBA study found that African-Americans and Hispanics invested “about half the capital” of White people between the years 2007 and 2010. This could reflect a lack of access to funds, denial or a number of other factors.
Although the promise of automated algorithms is great, owners can also trust firms like Growth Capital to provide good creative financing that helps your business no matter your background. Register here to learn more about the different programs that we offer, from the Community Advantage and SBA 504.
buy enalapril 5mg buy generic bicalutamide 50mg buy duphalac bottles
pyridostigmine 60 mg usa purchase rizatriptan online buy maxalt sale
buy betahistine 16mg betahistine 16mg us probenecid 500mg brand
xalatan medication buy xeloda sale buy rivastigmine
omeprazole us order lopressor 50mg pills order lopressor generic
cost premarin 600 mg dostinex where to buy order viagra 50mg pill
buy telmisartan 80mg generic generic plaquenil 400mg molnunat usa
buy cenforce 100mg sale buy naproxen 250mg without prescription chloroquine drug
buy generic tadalafil 5mg order viagra 100mg generic sildenafil 50mg tablet
Your dedication to sharing knowledge is unmistakable, and your writing style is captivating. Your articles are a pleasure to read, and I consistently come away feeling enriched. Thank you for being a dependable source of inspiration and information.
purchase omnicef pill order prevacid 15mg for sale buy lansoprazole 15mg pills
brand modafinil generic prednisone 5mg buy prednisone 20mg online
order isotretinoin 10mg without prescription accutane without prescription cost zithromax 250mg
lipitor 20mg without prescription albuterol online order norvasc without prescription
I wanted to take a moment to express my gratitude for the wealth of valuable information you provide in your articles. Your blog has become a go-to resource for me, and I always come away with new knowledge and fresh perspectives. I’m excited to continue learning from your future posts.
I’m truly impressed by the way you effortlessly distill intricate concepts into easily digestible information. Your writing style not only imparts knowledge but also engages the reader, making the learning experience both enjoyable and memorable. Your passion for sharing your expertise is unmistakable, and for that, I am deeply grateful.
This article is a true game-changer! Your practical tips and well-thought-out suggestions hold incredible value. I’m eagerly anticipating implementing them. Thank you not only for sharing your expertise but also for making it accessible and easy to apply.
I simply wanted to convey how much I’ve gleaned from this article. Your meticulous research and clear explanations make the information accessible to all readers. It’s abundantly clear that you’re committed to providing valuable content.
azithromycin over the counter gabapentin 600mg us buy generic neurontin over the counter
I must applaud your talent for simplifying complex topics. Your ability to convey intricate ideas in such a relatable manner is admirable. You’ve made learning enjoyable and accessible for many, and I deeply appreciate that.
I want to express my appreciation for this insightful article. Your unique perspective and well-researched content bring a new depth to the subject matter. It’s clear you’ve put a lot of thought into this, and your ability to convey complex ideas in such a clear and understandable way is truly commendable. Thank you for sharing your knowledge and making learning enjoyable.
protonix 20mg for sale buy zestril 5mg online buy pyridium sale
online gambling slots games big fish casino online furosemide medication
Your blog has rapidly become my trusted source of inspiration and knowledge. I genuinely appreciate the effort you invest in crafting each article. Your dedication to delivering high-quality content is apparent, and I eagerly await every new post.
I must commend your talent for simplifying complex topics. Your ability to convey intricate ideas in such a relatable way is admirable. You’ve made learning enjoyable and accessible for many, and I appreciate that.
I must applaud your talent for simplifying complex topics. Your ability to convey intricate ideas in such a relatable manner is admirable. You’ve made learning enjoyable and accessible for many, and I deeply appreciate that.
Your blog has rapidly become my trusted source of inspiration and knowledge. I genuinely appreciate the effort you invest in crafting each article. Your dedication to delivering high-quality content is apparent, and I eagerly await every new post.
Your blog is a true gem in the vast expanse of the online world. Your consistent delivery of high-quality content is truly commendable. Thank you for consistently going above and beyond in providing valuable insights. Keep up the fantastic work!
In a world where trustworthy information is more crucial than ever, your dedication to research and the provision of reliable content is truly commendable. Your commitment to accuracy and transparency shines through in every post. Thank you for being a beacon of reliability in the online realm.
I’d like to express my heartfelt appreciation for this enlightening article. Your distinct perspective and meticulously researched content bring a fresh depth to the subject matter. It’s evident that you’ve invested a great deal of thought into this, and your ability to articulate complex ideas in such a clear and comprehensible manner is truly commendable. Thank you for generously sharing your knowledge and making the process of learning so enjoyable.
Your blog has rapidly become my trusted source of inspiration and knowledge. I genuinely appreciate the effort you invest in crafting each article. Your dedication to delivering high-quality content is apparent, and I eagerly await every new post.
I am continually impressed by your ability to delve into subjects with grace and clarity. Your articles are both informative and enjoyable to read, a rare combination. Your blog is a valuable resource, and I am sincerely grateful for it.
best real casino online gambling casino online ventolin brand
I couldn’t agree more with the insightful points you’ve articulated in this article. Your profound knowledge on the subject is evident, and your unique perspective adds an invaluable dimension to the discourse. This is a must-read for anyone interested in this topic.
I simply wanted to convey how much I’ve gleaned from this article. Your meticulous research and clear explanations make the information accessible to all readers. It’s abundantly clear that you’re committed to providing valuable content.
order amantadine 100 mg without prescription order symmetrel 100mg online cheap order aczone online cheap
I’ve found a treasure trove of knowledge in your blog. Your dedication to providing trustworthy information is something to admire. Each visit leaves me more enlightened, and I appreciate your consistent reliability.
Your passion and dedication to your craft radiate through every article. Your positive energy is infectious, and it’s evident that you genuinely care about your readers’ experience. Your blog brightens my day!
blackjack online money online black jack ivermectin 3mg tablets for humans
I simply wanted to convey how much I’ve gleaned from this article. Your meticulous research and clear explanations make the information accessible to all readers. It’s abundantly clear that you’re committed to providing valuable content.
Your passion and dedication to your craft shine brightly through every article. Your positive energy is contagious, and it’s clear you genuinely care about your readers’ experience. Your blog brightens my day!
Your dedication to sharing knowledge is unmistakable, and your writing style is captivating. Your articles are a pleasure to read, and I consistently come away feeling enriched. Thank you for being a dependable source of inspiration and information.
online casino games for real money online slots real money usa purchase levoxyl without prescription
methylprednisolone 8mg over counter nifedipine for sale online buy cheap generic triamcinolone
Your unique approach to addressing challenging subjects is like a breath of fresh air. Your articles stand out with their clarity and grace, making them a pure joy to read. Your blog has now become my go-to source for insightful content.
Your blog is a true gem in the vast expanse of the online world. Your consistent delivery of high-quality content is truly commendable. Thank you for consistently going above and beyond in providing valuable insights. Keep up the fantastic work!