Running a small business has its ups and downs, and every year, thousands of people decide to take a ride on the roller coaster. Hispanic-owned businesses represent a significant part of this growing sector. According to a 2010 survey conducted by the U.S. Census bureau, 2.3 million of the 27.1 million businesses in the country are owned by Hispanics. For those looking to start or expand their business, there are a number of resources available, such as access to the right business loans. Hispanic business growth has ballooned, increasing by 43.7 percent over the last decade. Even more astounding, Hispanic business owners accounted for more than $345 billion in sales, which is a 55.5 percent increase from 2002. Additionally, the number of Hispanic-owned businesses that had receipts of $1 million or more rose between 2002 and 2007 by 51.6 percent. Despite the upward trends, there are still many business owners, Hispanic and of other descent, who have difficulty obtaining the business loans they need to start or grow a company. In one month of 2012, big banks denied almost 90 percent of loans that aspiring business owners requested. Typically, bank loans come with stringent requirements, including having two years or more of financials. For many Hispanics or other new arrivals, this is problematic. For an individual seeking help with minority business loans, the Small Business Association offers a wealth of resources. There are development centers dedicated to both minority business owners and small business owners. These sites offer training, loan programs and even one-on-one assistance. Small business owners may find they benefit from the networking opportunities the SBA provides as well. The SBA has a version of its site in Spanish as well. The U.S. Hispanic Chamber of Commerce boasts more than 200 chapters across the country, dedicated toward helping Latino business owners succeed. Lastly, there is an initiative known as the 8(a) Business Development Program that gives assistance to individuals who are either socially or economically disadvantaged. A Hispanic or minority business owner who needs help getting started a business or who wishes to expand a company should work with a lender who can help address his or her unique circumstances. A traditional channel, such as a bank, may have too many roadblocks and prevent the owner from getting access to the money he or she needs. To secure quality business loans, owners can count on the SBA as well as other resources to provide assistance and provide other programs such as training and networking opportunities. Small businesses can be successful so long as the owners have access to the tools they need.