When you walk down a street and see one business after another, you may not think about how they got started.
Some likely launched with the owner’s savings, or money borrowed from family and friends, or financing from a bank.
But as KPBS Investigative reporter Claire Trageser found, businesses in low income areas are far less likely to get bank loans…which can create patterns of disparity that have far-reaching impacts.
More info on San Diego Businesses In Low Income Or High-Minority Areas Far Less Likely To Get Bank Loans
Your mortgage application is more likely to get a yes now, new data shows
Those loans tend to have the toughest requirements, making it hard for lower-income borrowers ... of today's low mortgage rates before they slip away. Comparison shopping works well for finding the ...
When The World Stopped
This episode explores the difficulties San Diego businesses faced accessing the loans ... in low-income areas with large minority populations, mainly south county -- was 5% or less.
Billionaires pay no taxes while workers get no raises
And meanwhile, B) hotels and restaurants and other businesses can’t find enough people to work as maids and dishwashers, etc. If that doesn’t get ... bank loans, so they can live high on the hog tax ...
‘Craziest’ market in 30 years: the impact of the global housing boom
On the Pacific coast, San Diego prices ... concerns about how low and middle-income earners as well as younger people would be able to buy without relying on the bank of mum and dad.
Federal Reserve Bank of San Francisco
The following is adapted from remarks by the president of the Federal Reserve Bank of San Francisco to the Money Marketeers on April 15. Consumer spending and business ... income inequality in ...
‘Permanent damage’: can minority-owned businesses recover from pandemic’s toll?
Black and Hispanic entrepreneurs are also less likely ... area, Dallas, San Francisco, San Diego, Las Vegas and Phoenix, businesses in majority-white neighborhoods benefited from twice the rate of ...
GreenBox Announces Acquisition of Northeast Merchant Services, A Merchant Payments Solution Company
SAN DIEGO, CA, May 25, 2021 (GLOBE NEWSWIRE) -- GreenBox POS (NASDAQ: GBOX) ("GreenBox" or the "Company"), an emerging financial technology company leveraging proprietary blockchain security to build ...
Jack In The Box Inc (JACK) Q2 2021 Earnings Call Transcript
We held our first quarterly Leadership Advisory Council Meeting in January and have another scheduled in San Diego in less ... As far as dayparts and other parts of our business, I'll let Tim ...
Biz2Credit Identifies San Jose as No. 1 Among Top 25 Cities for Small Business in 2020
NEW YORK, May 06, 2021 (GLOBE NEWSWIRE) -- Biz2Credit has identified San ... loans during 2020. San Jose pushed San Francisco, off the top spot on the 2019 ranking. The other metropolitan areas in the ...
Here’s Why Baron Health Care Fund Became Bullish in Cryoport Inc. (CYRX)
Here is what Baron Health Care Fund has to say about Cryoport, Inc. in their Q1 2021 investor letter: "CryoPort, Inc. provides cryogenic shipping solutions, or transport at extremely low ...
Kilroy Realty Corporation (KRC) Q1 2021 Earnings Call Transcript
And with respect to life science, demand in the San Francisco Bay Area and San Diego is very robust ... that situation is likely to happen. But we were not going to get into discussing ...