Latinx-owned businesses (LOBs) are the largest and fastest-growing underbanked business segment in the U.S. LOBs are growing at 3x the rate of non Latinx-owned businesses. Despite their size, LOBs are at a higher risk of permanently closing their doors and —amidst our current global crisis— are further disadvantaged by lack of access to capital.
Camino Financial U.S. Latinx Small Business survey consists of research that offers unique insights into the impact of COVID-19 on LOBs. Our fireside chat will discuss LOBs who received a disproportionately small share of PPP relief. This discussion will be facilitated by Xiomara Peña who will be interviewing Sean Salas, CEO of Camino Financial.