As a minority, it may be tough to secure a business loan, but it’s not impossible.
All the latest data on new business indicate that minority-owned businesses are growing at a faster pace than overall U.S. businesses. According to the U.S. Census Bureau, Minority entrepreneurs owned 8 million, or 29%, of the nation’s nearly 27.6 million businesses as of 2012, up from 5.8 million in 2007. But even with all this good news, it…