Minority Financing
Your minority owned business may have a distinct advantage because there are generally additional resources to help in the search for financing. These services are both private and public and are available to all minority owned startups.
A good place to start is the Small Business Administration (SBA). They have considerable resources for business startups, including business loans to minority owned businesses and specifically women-owned businesses. They guarantee loans and provide additional services to help in the search for funding.
Try federal resources. The Minority Business Development Agency or MBDA provides valuable information for small business owners. The organization's site has links to state and local resources. It also has information on the process of starting a business and obtaining financing. There are even links to unconventional lenders for those who have flawed financial histories.
Check the nonprofits. There are nonprofit organizations who provide financing and assistance to minority entrepreneurs. You can find them through the MBDA.
To apply for a loan, you'll need a business plan, a credit report and some startup capital.
Minority Financing Videos

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Videos tagged with minorityfnancing
Mionority Financing Books
The state of minority ownership of telecommunications facilities: Presented d...by Edward Hayes
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Territory development: the ABCs for Zees.(Special section: minorities in fran...
by Martin Amschler
Amazon Price: $5.95
Foreign operations, export financing, and related programs appropriations bil...
by U.S. Congressional Budget Office
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Minority path to medicine impeded.(News)(National Medical Association): An ar...
by Sherry Boschert
Amazon Price: $5.95
Budget increases for HBCUs, HSIs, may fall short of goals: advocates for mino...
by Charles Dervarics
Amazon Price: $5.95
Financing of college education by minority and white families.: An article fr...
by Charlotte V. Churaman
Amazon Price: $5.95
Implementation of convention on terrorist bombings and suppression of the fin...
by U.S. Congressional Budget Office
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The minority financing gap: addressing disparities in minority business finan...
by Sonya Thorpe Brathwaite
Amazon Price: $5.95
A more secure future for minorities program.(NCEW Foundation: projects and pr...
by Morgan McGinley
Amazon Price: $5.95
Kerry touts plan for low-income, minority students.(around the nation)(Presid...
Amazon Price: $5.95
Minority Financing Related News Entries
Shifting Careers: Venture Financing With a Mission Beyond Profitby By MARCI ALBOHER
Ray Leach leads a nonprofit called Jumpstart that aims to boost growth in the Cleveland area by providing seed money to promising local ventures.
Reports Find Errors and Fraud in Small Business Administration Contracts
by By ELIZABETH OLSON
Millions of dollars in federal contracts intended for small businesses reportedly were awarded to companies that had not qualified or had won the contracts fraudulently.
Life?s Work: Dear Valued Worker, You?re Fired
by By LISA BELKIN
There are wrong ways to dismiss someone. But is there really a right way to do it?
Tool Kit: Finding Good Reasons to Work With Time
by By PAUL B. BROWN
With the general trend toward flexible work arrangements, now is a good time to review the basics of offering employees untraditional hours.
Entrepreneurial Edge: Bartering Expands in the Internet Age
by By JAMES FLANIGAN
Thomas Daley, who runs an online barter site, is helping to lead a trend that has grown broadly over the past 25 years.
Shifting Careers: Overcoming the ?Sway? in Professional Life
by By MARCI ALBOHER
Rom Brafman co-wrote ?Sway,? a book on the psychological forces that lead us to behave in irrational ways.
Small Business Is Latest Focus in Health Fight
by By REED ABELSON
States are taking various approaches to help businesses unable to provide health insurance for their employees.
After Selling the Company, Remorse
by By ABBY ELLIN
Many entrepreneurs who stay on after selling their businesses face a variety of challenges once they turn over control of the companies they built.
Tool Kit: Being Serious About Your Own Money
by By PAUL B. BROWN
Entrepreneurs need to pay as much attention to personal finances as they do to business money matters.
In the Hunt: Early Retirees in New Ventures, Mostly for Fun
by By BRENT BOWERS
Many of the first wave of America?s baby boomers are taking early retirement and turning their hobbies into small businesses. Very small businesses.
Minority Financing Related Blog Entries
Coalition of NY Minority Cultural Institutions Wants More Helpby unknown
"The Cultural Equity Group defines its members by the race and ethnicity of their leaders, staff, board members and service to 'communities of color,' among other criteria. The group also wants money to study financing patterns and to ...
HISPANIC CHAMBER WILL OPERATE MINORITY BUSINESS ENTERPRISE
by Adrian Perez, Publisher
We'll help them find other opportunities through financing or procurement." Phillip Silva, El Paso District director for the US Small Business Administration, said the minority-business center is a "good source of additional guidance ...
How Financing Trends Impact Entrepreneurship - Forbes
by admin
3: The Small Business Administration loan guarantees are getting less generous. The SBA 7(a) loan program has exploded: In the 1990s, banks underwrote some ? Navy, SBA team on program for minority-owned firms Charlotte Business Journal ...
Minority Business Loans Can Play A Key Role In Your Financing
by Jassica
Minority financing was designed and established to help women and minority business owners develop their businesses, although it has become an exclusive opportunity for women belonging to disadvantaged communities. ...
Barack Obama?First to Forgo Public Financing
by tjo2151
Barack Obama has become the first major candidate ever to forgo public financing. He expressed distrust of the public finance system, saying it put him at a disadvantage to Senator McCain. Obama also criticized McCain for his taking ...
'Non-minority self-financing colleges surrender 65 pc seats'
by unknown
Chennai: PMK founder Dr S Ramadoss today urged the DMK government to ensure that non-minority self financing colleges surrendered 65 per cent of their.
Choose the right finance when starting up
by skeeling
The Asian Business Development Network (ABDN) Ethnic Minority Enterprise Network - assists Asian and minority businesses by creating access to opportunities and sharing best practice. Read about the Ethnic Minority Enterprise Network on ...
Car loan mortgage from bad credit to bankruptcy to loan ...
by HUNTSVILLE PR (HUNTSVILLE PR)
Having bad credit or little credit at this juncture can be a real pain when it comes to getting a good car loan, specifically when you are a teenager or a minority. Here are some basic rules for buying a car with bad credit if you are a ...
The case for St. Lambert
by o.NDP
1) Public financing: Under the new financing laws the NDP has received $11914 since the last election thanks to the votes it garnered in St. Lambert. With the next election scheduled for 2009, and I think it will happen roughly on ...