Helen Redding is a Waterloo entrepreneur, business owner and and strong woman of faith. Over the past several years, after opening her salon, Helen has created multiple other businesses with her husband and children.

Going to a bank to get a loan should be an easy process if you have everything ready to go. Getting that loan from a bank, especially when you have business experience, good credit, and references, and proven success should be an easy process, and most banks will tout how easy it is to qualify for a loan too.

Unfortunately, even with advanced qualifications, Black Americans are twice as likely to get denied a loan. Systemic racism has busted the racial wealth gap wide open, and predatory lending practices perpetuate the gap.