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Average annual revenue of Latino-owned business increased from $258,702 in 2016-17 to $327,189 in 2017-18, an increase of 26.5%, according to a new study of more than 28,000 businesses conducted by Biz2Credit.

Much of the growth can be attributed to the overall strength of the U.S. economy. Success breeds confidence, and applications for small business loans from Latino-owned companies jumped 22% during the past 12 months. READ MORE AT FORBES

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