Day 6
The Capital Gap Is Real
In 2023, small businesses located in low-income neighborhoods received just 4.6% of the dollar volume of small-business loans and only 4.2% of all loan counts — leaving too many hardworking entrepreneurs without the capital they need to grow.
Your support helps open doors where traditional lending falls short — so more Michigan entrepreneurs can move forward.
Source: Office of the Comptroller of the Currency, 2024 (“Small Business Lending Update”).