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The Relationship Between Small Business Loans and Bankruptcy
The way that the regulations work, there is a significant incentive for banks to cater to their existing customers first. A lot of minority owned small businesses are in that category and that's why you've seen this highly desperate racial impact when it comes to small business closures. There was this just kind of like randomness around which bank you worked with. But a lot of it was just the scrap shot of if you happened to bank with the bank that knew what they were doing.