Black Lives Matter
Ahmaud Arbery. Breonna Taylor. George Floyd. These are only a few of the names in a long list of the names of black people who have been killed by racist violence in our country. Many, by the very people who swore an oath to protect and serve the people in their communities. While many have had their eyes opened by the deaths of George Floyd, Breonna Taylor, and Ahmaud Arbery, violence against Black, Indigenous, and people of color has existed in our country since its beginning.
People are also coming to learn that racism is not always as obvious as a physical violence or a racial slur, it exists in every facet of our culture and the business world is no different.
Black business owners are twice as likely to be rejected for business loans.
Black and Latinx business owners applying for loans are often asked to provide more personal information than white business owners even when they have better credit.
Black borrowers face similar discrimination when seeking loans for home ownership, denying them access to the equity that many white homeowners have access to and can use to finance a busines.
It is estimated that 41% of black owned businesses have closed their doors permanently due to the impacts of COVID-19.
Nouvelle Lune Business Solutions stands with Black Lives Matter. While systemic racism can seem an overwhelming thing to dismantle, there are things we can all do right now to take action.
Speak up. Do not remain silent when you witness racism, especially if you are a white person. It can be difficult, but there are guides to help you find ways to speak to family and friends about racism.
Support Black-owned businesses. The next time you put a project out for bid, take the time to seek out Black-owned firms that you may not normally reach out to. And, yes – just in case it isn’t clear, that includes when you are looking for services like those we offer. There are resources for finding black owned businesses but you may find local organizations that offer better information for you area.
Dismantling systemic racism is not an easy task nor is it a comfortable one. It requires us to face our own biases and assumptions. It means recognizing the ways in which we benefit from a system that actively suppresses others. It means stepping aside to make room for voices that are not normally heard. If we are to live in a just, equitable, and sustainable world, it is a system that must come down.