MEDIA ADVISORY: New Report on Access to Capital

A new Woodstock Institute report, Patterns of Disparity: Small Business Lending in the Buffalo and New Brunswick Regions, shows that small businesses in lower income and minority areas are less likely to get a loan.

Join us for a public briefing about the report. Call-in details below.

 

 

 

 

New report:
Small businesses in lower income and minority areas are 
less likely to get a loan

Since the 2008 Recession, it has been disproportionately difficult for small business owners to obtain the loans they need to start or grow a business.

A new Woodstock Institute report, Patterns of Disparity: Small Business Lending in the Buffalo and New Brunswick Regions, shows the problem is particularly pronounced among small businesses in communities of color or in low- and moderate income neighborhoods. 

Patterns of Disparity examines the state of traditional bank small business lending in Buffalo, NY and New Brunswick, NJ. It is the second in a four-part series of research reports examining small business owners’ access to capital in eight major metropolitan areas.

Woodstock Institute is holding a public briefing via conference call about the findings and recommendations of the new report:

Date: Wednesday, April 19, 2017 

Time: 11am ET

Location: Conference call
       Dial-in: 1 (877) 258-8827
       Passcode: 9339256#

Speakers include:

  • Spencer Cowan, Woodstock Institute, author of the report
  • Dean Smith, member of Main Street Alliance, and small business owner of JaZams in Princeton, New Jersey
  • Dennis Matos, small business owner of Fade Doctors in Buffalo, New York
  • Brent Adams, Woodstock Institute

For questions about the briefing: Brent Adams, Woodstock Institute, Badams@woodstockinst.org

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