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Banks Give Black-Owned Businesses Advantage on Supply-Chain Finance Terms

The biggest U.S. banks will give Black-owned businesses advantageous terms on a crucial type of financing that companies use to manage their cash flow

11/22/2020 9:45:00 PM

The biggest U.S. banks will give Black-owned businesses advantageous terms on a crucial type of financing that companies use to manage their cash flow

Citigroup, JPMorgan Chase and Bank of America are offering preferred terms to Black-owned firms in supply-chain finance programs, after decades in which U.S. banks charged Black borrowers higher rates or denied them service.

The killing of George Floyd on May 25 sparked protests over police brutality and systemic racism. WSJ’s Darren Everson spoke with black professionals to discuss their experiences and what changes they’d like to see. Photo illustration: Adele Morgan Read more: The Wall Street Journal »

What it feels like to get an mRNA coronavirus vaccine

As the United States inches closer to authorizing a Covid-19 many people may now let themselves start wondering what it will feel like to get it.

This thread is full of racists and wicked people. What about Asians and Lations who comes to US with nothing? What about thr others who lives in poverty, but their skin is not black? Bardouuu Isn't that a violation of federal laws for equal treatment? So how about businesses owned by others, do they not they not get special terms simply because of their skin color. That's the very definition of discrimination.

Sounds like systemic racism Remember, what happened the last time banks were doing something for our people? They stole many of our homes. Read the fine print people! Banksters don't care about the people; just schemes on how they can take the peoples' money. High %.. banks will win after this shutdown is long gone.

CHASE IS THE BIGGEST RIP OFF BANK OF BLACK PEOPLE IN AMERICA. DON'T FALL FOR THE HYPE. IT MUST BE A WHOLE LOT OF FEDERAL MONEY IN IT FOR THEM. ... and to the Latino community? what they will give special to the latinos? positive racism is also racism. taulia How about my business? Special treatment is not equality

So, in the revisionist sense of the word racism, this is racist, isn't it? The ones in the structure of power are discriminating against a set of the population based on race. Let the games begin! 👎🏻 And also violate fair lending laws.... Solution Bitcoin About damn time I guess MLK Jr isn't relevant anymore

Oh boo fucking hoo to these comments. What’s racist is the goddamn wealth gap. What’s racist is red lining for decades. What’s racist is denying loans to poc that would otherwise be lent. Cry more. Die mad about it. Idgaf but it’s about time and there will be no regression. Discrimination based on race lol

Haven't we seen this movie before in relation to subprime lending. Racism War is coming Doesn’t that violate CFPB regulation? People of the world. I'm asking for help, my son Artem needs urgent heart surgery. He has a heart defect. There's less and less time left. If you can help, go to my profile information there. I beg you on your knees, help save your son

Let’s stop dividing by race and let’s just treat everyone equally. Ah, discrimination us cool these days I guess. That's racist nice 🔥🔥TIME IS OVER!🔥🔥 Repent! Recover holiness! Our eternal time is over! The Prophet who predicted the Corona and Beirut explosion. Everything will be destroyed. according to the prophecies and records of the Bible.🔥 SundayGrandWord

Sounds racist actually... Also known as racism. Please look into how Buy Now, Pay Later corps market to people who don't know the implications of paying in installments & trap them with irreversible debt during the COVID19 crisis. sezzle afterpayusa klarna affirm Joe Biden’s Plan for Americans: Higher Taxes to pay for his crazy plans. Defund the Police which would cause rampant crime. The Green New Deal which would cost more than America has. Complete Amnesty for illegal immigrants which would encourage illegals to overwhelm our Country.