Ethnic minority-led businesses that do apply for finance face notably higher rejection charges. Between 2018 and mid-2020, 52% of ethnic minority-led companies that utilized for finance were turned down in comparability with simply 22% of white-led businesses. Though ethnic minority-led companies are more open to utilizing finance, they are also more more probably to be discouraged from doing so. In 2021, 20% of ethnic minority-led companies wished to use for finance but have been stopped by one thing in comparison with just 8% of white-led companies. From cost processing to overseas change, Chase Business Banking has solutions and services that work for you. Increase your product or service’s visibility with…