While minorities make up 40% of the U.S. population, they make up only 20% of small business owners. Part of this discrepancy can be attributed to differences in access to capital. Using 2017 Federal Reserve survey data, this study evaluates financing patterns and experiences by small business owner race and ethnicity. Much like previous research on the topic, this study finds disparities in credit outcomes persisted for minority-owned businesses in 2017. Minority-owned businesses are more likely than White-owned businesses to have been denied credit, less likely to receive the full amount requested, and more likely to be discouraged from applying for credit. Read “Minority-Owned Employer Businesses and their Credit Market Experiences in 2017” to learn more.