Equitable investments in entrepreneurship
Lack of access to capital hurts small businesses, which ultimately hurts job creation in local economies. Reduced access to capital drives owners toward debt, especially obligations owed to predatory online and (as yet) unregulated lenders. Financial trouble brings business closure, along with personal ramifications for the former business owner, such as bad credit, property foreclosure, loan default, or bankruptcy. The risk of entering into untenable financing arrangements is especially high for marginalized business owners seeking capital.