Business Financing For Women: Options and How To Choose

Reviewed By Reviewed By Published: Dec 29, 2023, 10:27am Although women own 38% of all businesses in the U.S., according to the Women’s Business Enterprise National Council, they often face obstacles when obtaining financing. In 2022, 25% of women-owned businesses were rejected for a loan, compared to 19% of male-owned businesses. Beyond that, women of color were denied business relief funds two times more than male business owners, a 2022 California state report found. Access to financing is an essential part of starting and growing a business. If you’re looking for business financing for women, there are various options available…