Black-owned businesses faced the highest rejection rate for loans in 2024, according to a recent analysis by LendingTree. Nearly 2 in 5 (39%) of Black founders were denied when applying for loans, lines of credit, or merchant cash advances. Hispanic business owners also faced high levels of rejection, with a 29% rejection rate. Comparatively, only […] The post 2 In 5 Black-Owned Business Loan Applications Were Denied, Study Finds appeared first on POCIT. Telling the stories and thoughts of ...| POCIT. Telling the stories and thoughts of the underrepresented in tech.