Lending Institutions

topic on 1 show · 2 statements across 2 episodes

How I Built This

2 statements about Lending Institutions, every show

Banks readily finance flashy cars for Black entrepreneurs but deny working capital.
“So often it's been easier for an entrepreneur to buy a new flashy car than it's been For them to meet payroll, which is a tragedy of us not having as many lending institutions in our community as we need and want.”
Cathy Hughes Aug 14, 2017 ▶ 28:29 Radio One: Cathy Hughes (2017)
Entrepreneurs find consumer car loans easier to secure than business payroll
“So often it's been easier for an entrepreneur to buy a new flashy car than it's been for them to meet payroll, which is a tragedy of us not having as many lending institutions as In our community as we need and want.”
Cathy Hughes Sep 26, 2016 ▶ 28:17 Radio One: Cathy Hughes

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