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Small-business access to trade credit: some evidence of ethnic differences

Author

Listed:
  • Daniel Aaronson
  • Paul Huck
  • Robert M. Townsend

Abstract

Based on findings from a survey of Black Households, this paper highlights socioeconomic and demographic factors that many influence the utilization of different financial markets. In addition, it discusses the potentially important role that informal financial networks can play in racial/ethnic communities. We propose that education programs, proactive community participation and partnerships between financial institutions and community organizations are important for greater access to credit and financial services among Black Households.

Suggested Citation

  • Daniel Aaronson & Paul Huck & Robert M. Townsend, 2000. "Small-business access to trade credit: some evidence of ethnic differences," Consumer and Community Affairs Policy Studies 2000-2, Federal Reserve Bank of Chicago.
    • Handle: RePEc:fip:fedhcc:2000-2
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    References listed on IDEAS

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    Cited by:

    1. Andrew Van Hulten & Abdullahi D. Ahmed, 2013. "Migrant Entrepreneurs' Access To Business Finance In Australia," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 18(01), pages 1-22.

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