President Biden and U.S. Treasury Secretary, Janet Yellen, acknowledged the toll that the pandemic has taken on Latino businesses and workers and reassured them that they’ll receive help to bounce back and would be key in leading the latest economic recovery. Yesterday, during the United States Hispanic Chamber of Commerce’s (USHCC) Legislative Summit Biden stated, […]
At Latino business summit, business owners discuss their priorities
Even though Latino-owned businesses are a fast-growing sector of the U.S. economy, contributing more than $700 billion annually, ongoing obstacles include access to capital and reliable lenders. Latino business owners and entrepreneurs who gathered in the nation’s capital for a business legislative summit sought answers on those issues as well as reassurances that trade at […]
Study finds that Latino-Owned business are succeeding at impressive rates
The average annual revenue of Latino-owned business increased from $258,702 in 2016-17 to $327,189 in 2017-18, an increase of 26.5%, according to a new study. “I think there has been a strong growth in the Latino businesses in the past year because when we see the economy is doing well that gives us the confidence […]
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