Regardless of if minority-owned companies that didn’t get financial support was in fact 10 to help you 15 payment activities expected to report discouragement (that’s, they didn’t use because they expected to become rejected) than light-possessed companies when you look at the 2018, the difference-with the exception of Western-owned businesses-mostly drop-off immediately after controlling to own corporation qualities for example age, cash size, success, and you may credit score, certainly one of other variables (find shape 2). 16 This looking for diverges from your analysis of your own 2016 research, where i located black colored-owned firms was indeed way more planning statement “discouragement.”
Contour 2. Odds of reporting reason behind perhaps not submission borrowing app, by the race/ethnicity out of organization ownership (2018)
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