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Honey Brown Hope Foundation Rakes in National, State and Local Recognition

Honey Brown Hope Foundation Rakes in National, State and Local Recognition

Honey Brown Hope Foundation

Houston, TX — The Honey Brown Hope Foundation, a nationally recognized, award-winning 501(c)3 non-profit that has served youth and their families for over two decades, announced today that it is thankful this holiday season for recently being recognized for its civil rights

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Community Empowerment: Black Chambers of Commerce Where Is My Patronage?

Community Empowerment: Black Chambers of Commerce Where Is My Patronage?

Peter Grear

Educate, organize and mobilize -- Back in September I wrote an article entitled, Voter Suppression: Creating Black Wealth.  The impetus for that article was a commentary written by Earl G. Graves, Sr., Publisher of Black Enterprise. 

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Employees of Small, Locally-Owned Businesses Have More Company Loyalty

Employees of Small, Locally-Owned Businesses Have More Company Loyalty

loyalty to employers

Employees who work at small, locally owned businesses have the highest level of loyalty to their employers — and for rural workers, size and ownership of their company figure even more into their commitment than job satisfaction does

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The Pawns of Politics: Where Is My Patronage?

The Pawns of Politics: Where Is My Patronage?

Peter Grear

Educate, organize and mobilize -- For more than a year leading up to the recently completed General Elections, I’ve written about Voter Suppression, gerrymandering, the Black vote and voters.  

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Verbal Abuse in the Workplace: Are Men or Women Most at Risk?

Verbal Abuse in the Workplace: Are Men or Women Most at Risk?

Abuse in the Workplace

There is no significant difference in the prevalence of verbal abuse in the workplace between men and women, according to a systematic review of the literature conducted by researchers at the Institut universitaire de santé mentale de Montréal

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The Decision to Handle Rejection

The Decision to Handle Rejection

Rev. Manson B. Johnson

The Big Idea: Endurance is the key to achieving challenging goals in life.“Man’s rejection can be God’s direction.  God sometimes uses the rejection of hateful people to move us to a new place or assignment–where we wouldn’t have thought of going on our own.  

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Subscribe to Get GDN Print Edition

Subscribe to Get GDN Print Edition

Print Subscription

 Greater Diversity News (GDN) is a statewide publication with national reach and relevance.  We are a chosen news source for underrepresented and underserved communities in North Carolina.  

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Blacks Still Struggle To Qualify For Personal and Business Credit; New Web Site Wants To Help

Written by Featured Organization on 04 September 2012.

A recent Washington Post article emphasized how poor credit makes it much tougher to secure loans and gain access to credit, especially for African-Americans. The article entitled, "For Black Americans, Financial Damage From Subprime Implosion is Likely to Last" (see link below), sheds light on what has been an ongoing problem for many decades: Minorities, particularly African Americans, continue to make up a huge population of people and business owners who are unqualified for credit.

Other articles from TheGriot.com and The Black American News Network (TBANN) share the same devastating news, but one new web site aims to make a change.

Launched in 2011, BusinessCredit.org is a free online resource that features the best tips and guidelines on how to obtain and build small business credit - that is, business loans, business credit cards, and business lines of credit. Visitors are also educated about business credit reports. The web site is available to help anyone regardless of their ethnic background, but it aims to especially reach African Americans and other minorities who are most in need.

Visitors to the site will learn exactly what to do and what to avoid when applying for new credit, and how to effectively plead a case when credit is being taken away. There is no other resource online like this, and most of all - it's 100% free to use.

The site features well-written informative articles, descriptive how-to videos, exclusive listings of useful resources, and detailed comparison charts of options offered by different banks. It also features the latest news and trends pertaining to small business funding and credit.

For more details, visit www.BusinessCredit.org

About African Americans and Small Business Credit:According to the U.S. Census Bureau, there are 27 million businesses in the United States that generate billions each year in combined revenue. However, amongst those, only about 1 million or 7% are Black-owned businesses. Even worse, federal statistics show that Black-owned businesses are 5 times more likely to fail than their white counterparts. Many are closing because they lack credit to keep themselves afloat during the time periods when their cash flow is low or non-existent.
SOURCES:


For Black Americans, Financial Damage From Subprime Implosion Is Likely to Last

Washington Post

www.washingtonpost.com/business/economy/for-black-americans-financial-damage-from-subprime-implosion-is-likely-to-last/2012/07/08/gJQAwNmzWW_story.htmlAfrican-Americans and Credit Scores: How the Mortgage Meltdown Permanently Impacts Many Blacks' FinancesThe Griot

www.thegrio.com/2012/07/20/african-americans-and-credit-scores-how-the-mortgage-meltdown-permanently-impacts-blacks-finances/

Credit Scores: The Silent African American KillerThe Black American News Network

www.tbann.com/blog/credit-scores-the-silent-african-american-job-killer/ •

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