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Richard Carrión and Bill Clinton.
Richard Carrión and Bill Clinton. (Ramón “Tonito” Zayas)

In Puerto Rico, less than 2 percent of commercial banks loans go to small businesses. Seed money funds, such as those granted by the U.S. Small Business Administration, sometimes require some assessment not available on the island or they are simply not accessible for local entrepreneurs due to a bureaucratic o legal requirement.

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