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Closing the Gap : Audio : Improving Minority-Owned Small Firms' Access to Credit

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Closing the Gap : Audio : Improving Minority-Owned Small Firms' Access to Credit

DATE: May 10, 2012

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ABSTRACT: Small minority businesses typically pay higher interest rates and receive smaller loans than nonminority-owned firms of similar age and size. Tim Bates, professor of economics at Wayne State University, explores ideas to increase access to capital so minority companies can create jobs and expand.

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Federal Reserve Bank of Atlanta. "Closing the Gap : Audio : Improving Minority-Owned Small Firms' Access to Credit," Economic Development (May 10, 2012). https://fraser.stlouisfed.org/title/7183/item/655951/content/mp3/frbatl_econDev_20120510-improving-minority-owned-small-firms-access-to-credit, accessed on July 9, 2025.

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DIGITAL COPY SOURCE: Federal Reserve Bank of Atlanta

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