Latino-Owned Businesses: Their Finances And Impact On Economic Growth

While small business loan applications submitted by Latino entrepreneurs grew 18% in the past year, Latino business owners face significant hurdles in securing financing. They still lag behind in the necessary factors needed to secure financing such as annual revenue, credit scores, age of business and operating expenses. READ MORE

Latino Small Business Owners Faced Challenges and Opportunities in Securing Funding

NEW YORK, Sept. 10, 2015 /PRNewswire/ -- Today Biz2Credit, the leading online platform for small business funding, released a study showing that Latino small business loan applications grew 18 percent, however, Latino business owners lag behind in the necessary factors needed to secure financing such as annual revenue, credit scores, age of business and operating expenses. READ MORE

Hispanic trailblazer tapped as CEO of United Airlines

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A Hispanic entrepreneur with humble beginnings has taken the helm as CEO of United Airlines after the head of the airline company was forced to resign on Tuesday. Oscar Muñoz, a railroad executive and head of United's audit committee, is a trailblazing executive who has twice been named as "100 Most Influential Hispanics" by Hispanic Business magazine. READ MORE

Latino business group chief meets privately with Trump: 'He listened more than he spoke'

Republican presidential hopeful Donald Trump met with Javier Palomarez, the CEO of the U.S. Hispanic Chamber of Commerce, at Trump’s offices in New York City Tuesday morning. READ MORE

Most Latino Business Owners Expect to Pass Business on to a Family Member, Says Study

For Latino owned-businesses, family and community are key, however the future survivability of their business may be questionable. The 2015 MassMutual Business Owner Perspectives Study revealed that 80 percent of Latino respondents expect to pass their businesses on to a family member – most often a child. However, 37 percent of those individuals said their chosen successor may not even know about this succession plan. READ MORE