Minneapolis Fed study cites credit barriers for Native Americans

Authors say indigenous-owned businesses suffer unduly from limited access to loans

US dollar

Native American-owned businesses face unique barriers to accessing credit and are more likely to report rising costs as a challenge, according to research from the Federal Reserve Bank of Minneapolis.

The analysis uses data from the Federal Reserve’s Small Business Credit Survey (SBCS). This shows that 70% of Native-owned employers reported challenges in paying operating expenses, while 40% had experienced challenges in securing credit. 

Native American business owners also tend to have worse

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account