Small business owners of Hispanic origin are the fastest growing segment of the small business community in the U.S. According to Hector Barreto, Chairman of The Latino Coalition and the former head of the SBA in Washington, the young generation of Latinos both immigrants and first or second generation Americans are extremely entrepreneurial.
Latino entrepreneurs make a powerful segment in the U.S. small business landscape. With bright business ideas and enthusiasm, the Hispanic community is fast in making its mark in the small business industry.
Over the years, the U.S. Small Business Administration has been working diligently towards easing loan processes for the Hispanic community.