Snap-O Fact #5

The Obama Administration has increased minority access to capital!

The Obama Administration has strengthened Small Business Administration programs that provide capital to minority-owned businesses, support outreach programs that help minority business owners apply for loans, and work to encourage the growth and capacity of minority firms.

Sources:.

From Politifact.com http://www.politifact.com/truth-o-meter/promises/obameter/promise/16/increase-minority-access-to-capital/

Time magazine, Are Minorities Being Fleeced by the Stimulus? , Nov. 23, 2009

http://www.time.com/time/nation/article/0,8599,1940338,00.html?xid=rss-topstories

http://thehill.com/homenews/senate/87035-senate-dems-launch-floor-protest-of-gop-tactics