Abstract
The unique barriers confronting entrepreneurs in low-income communities in obtaining debt capital in the United States remain unclear. Through in-depth interviews with financial lenders and technical assistance providers representing startup support organizations, two sets of barriers to financial lending are identified: 1) limited loan applications, possibly due to distrust in traditional financial lenders, and loan denials related to low financial stability and literacy, and 2) systemic challenges with the U.S. traditional financial lending system, and its startup support system. Community-based partnership solutions for these barriers are presented with theoretical and practical implications.
Recommended Citation
(2026)
"A Managerial Perspective on Underbanked Entrepreneurs: Barriers to Lending and Community Partnership Solutions,"
Journal of Economics and Finance Education: Vol. 21:
Iss.
1, Article 1.
Available at:
https://scholarship.rollins.edu/jefe/vol21/iss1/1
