Wow. Friend of mine always suspected government monies had to be involved in sales of so many small businesses into hands of immigrants especially in rural (vast majority white) America. https://t.co/O7leezOFvt
— @realDianaWest (@realDianaWest) March 3, 2025
An Indian immigrant buying a rural gas station can access roughly $50,000 to $200,000 more in government-backed financing than a white American man, assuming both have similar credit and income. The Indian qualifies as a minority for MBDA-facilitated [Minority Business Development Agency] loans, like SBA (7a) with minority priority or CDFI Fund [Community Development Financial Institutions Fund] targeting underserved groups, while the white man doesn't get that edge unless he's in a rare distressed-area exception. Add in informal Indian Community loans (say $20,000-$100,000), and the gap widens. Total extra? Potentially $70,000 to 300,000, depending on the deal.
