The reality of the lending gap for minority-owned businesses cannot be ignored. Disturbingly, it has been observed that minority firms with gross receipts under $500,000 face loan denial rates three times higher than their non-minority counterparts. At Lendio Miami, we recognize this disparity and are determined to make a difference. Fortunately, new advancements in fintech lending and automation are changing things. These technologies can help level the playing field by removing inherent biases that often come with manual reviews. This is great news for minority small business owners, as it can help clear the path to access small business funding. At Lendio Miami, we are fully committed to closing this lending gap. We have developed an innovative online application that serves as a powerful conduit, connecting minority business owners to a vast marketplace of lenders. Through our platform, these entrepreneurs can access equal opportunities for business financing, regardless of their background or ethnicity. Our mission is to create a fair and inclusive environment where every deserving entrepreneur has an equal chance to thrive. Diversity strengthens the entrepreneurial landscape and drives economic growth. By empowering minority-owned businesses, we contribute to enriching communities and fostering a more equitable society. Join us in our journey to bridge the lending gap. Together, we can empower and uplift minority-owned businesses, unlocking their full potential and propelling them toward success. If you have any questions or want to discuss how Lendio Miami can benefit you or your clients, please call us at (786) 828-3618 or apply today at www.LendioMiami.com. Lendio Miami – Fueling the American Dream We are proud to have been recognized by Forbes Advisors in 2022 for both Best Online Loans and Small Business Loans. More than that, we’re proud to be part of the local community of small business owners and entrepreneurs, building relationships that support the economic well-being of our community.