Establishing relationships
Liquid funding is a key factor in commercial property buying as it makes the process of buying a property much easier and less time consuming regardless of who you know or the color bar. Having access to liquid funding can help to streamline the processes involved with buying commercial property, including the legal, budgetary and financial considerations. It can help to ensure that the buyer is able to afford the property and has the necessary funds to complete the purchase.
In financing, having a good network of contacts and an established reputation in the field can be more key to success than one's skin color. Establishing relationships with the right people and having a good track record in business can open doors that a traditional system would otherwise keep closed. This highlights the importance of networking and emphasizes that who you know can be more powerful than the color of your skin.
To me having good connections is becoming increasingly important, regardless of race. Having a strong referral and good reputation with lenders is a key factor in securing loans or other types of financing. Knowing key players in the industry and having strong relationships with them can often outrank any racial inequalities or color bar.