Trending2Small business loans have a reputation of being hard to come by, but recent data from the United States Small Business Administration suggest that small business owners may see a surge in loans in September.

This is great news for some small biz owners looking for capital, but some entrepreneurs may have a difficult time getting access to these loans. One demographic that has historically been on the low-end of small business loans is the African-American woman.

Even with African American women being touted as the fastest-growing group of entrepreneurs in America, the entire African-American community only receives about 2 percent of 7(A) Small Business loans – and that figure hasn’t shifted since 2010.

According to a recent report commissioned by American Express Open, titled “2015 State of Women Owned Business Report,” the number of businesses owned by African-American women grew 322 percent since 1997. Compared to overall growth of women-owned business, which grew by 74 percent between 1997 and 2015.

In 2014, Utah State University, Brigham Young University and Rutgers University business school professors conducted a study that found a simple explanation as to why minority entrepreneurs aren’t getting small business loans – discrimination.

So how does an African-American female entrepreneur work around the discrimination? She looks for alternative lending options.

Marlin’s Funding Stream is a new digital lending program that offers small business owners access to working capital, fast. Our mission is to provide lending solutions to all small businesses across the nation, no matter the demographic, and we continue to strive and meet this mission.