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Discrimination in lending exists, but at least with PPP loans, there was no in-person consultation. For many businesses it was just an online application. It p
by danielfoster 6y ago
Discrimination in lending exists, but at least with PPP loans, there was no in-person consultation. For many businesses it was just an online application.
It probably does hold true though that white businesspeople may have better relationships with their bankers, resulting in faster loan processing.
- ceejayoz 6y agoMany lenders required an existing relationship. Disparities in access to banking will absolutely reflect in access to PPP loans.