New survey shows high loan denial rates for Black-owned businesses

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New survey shows high loan denial rates for Black-owned businesses

nbcnews.com/now/video/survey-shows-high-loan-denial-rates-for-black-owned-businesses-250391109880

New analysis from LendingTree shows that 39 percent of Black-owned businesses were denied a loan, line of credit or merchant cash advance in 2024, the highest rate of loan denials by race. NBC News' Vicky Nguyen reports on the struggles of minority business owners, interviewing a young…

This story appeared on nbcnews.com, 2025-10-22 18:31:00.