On Wednesday, Biz2Credit released its annual study that revealed revenues at Hispanic-owned companies improve substantially in a year-to-year comparison. Hispanic entrepreneurs on the website notably grew by 68.7% in the past 12 months and Hispanic-owned companies had average annual revenues of $202,327, up from $68,540 the previous year while non-Hispanic-owned companies had average annual revenues of $206,855, an increase from $70,645 in 2015.
The study was conduction on over 25,000 small businesses, including over 2,000 Hispanic entrepreneurs who applied for business financing on the online platform in the last year. READ MORE AT CROWDFUND INSIDER
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