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Black-Owned Businesses Face Significant Obstacles. Anti-Racial Justice Efforts Are Making Them Worse

The good news: Black-owned businesses are more likely than other businesses to have a low level of debt, or no debt at all. The bad news: that’s because Black-owned businesses are far less likely to be approved for loans in the first place, and Black business owners are more likely to pull from their personal savings for business expenses.

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