Published by: Bain & Company
By: Hernan Saenz, Tevia Segovia, Alex Noether, and Brenen Blair
In spite of their rapid growth, Latino-owned businesses are not getting their fair share of capital from the investment community. Without the ability to seek equity for growth or affordably priced debt from banks, LOBs remain significantly underfunded compared with similar WOBs, limiting their ability to scale. But if today’s LOB population were equitably funded with non-Latino WOBs, they could generate $1.4 trillion in additional revenue today and $3.3 trillion in additional revenue by 2030, according to Bain research, and corroborated by SLEI.
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