Small Business Loans for Women
Amount:
$20,000 – $350,000
Term:
1 – 4 Years
Amount:
Up to $200,000
Payment Options:
Daily, Weekly or Semi-Monthly Payments
Amount:
$5,000 – $150,000
Term:
1 – 3 Years
Amount:
85% – 95% of Invoice Value
Amount:
Up to $150,000
Actual offers vary based on your application information and lender.
Business Loans for Women
The number of women-owned businesses in the United States has been steadily increasing over the past couple of decades, with women making up 29% of business owners compared to 26% in 1997. Additionally, the number of women-owned firms has grown 68% since 2007, compared to 47% for all businesses.1 But even as more women become entrepreneurs, obtaining loans for their businesses can still be a challenge — only 16% of conventional small business loans granted each year go to women.2
While the reasons for this gap vary, the main thing you should know is that carefully weighing your lending options and being prepared for the application process can help increase your chances of receiving funds.
Weighing Your Funding Options
1 White, G. (April 17, 2015). Women Are Owning More and More Small Businesses. Retrieved November 15, 2016 from http://www.theatlantic.com/business/archive/2015/04/women-are-owning-more-and-more-small-businesses/390642/
2 Cantwell, M. (July 23, 2014). 21st Century Barriers to Women’s Entrepreneurship. Retrieved November 15, 2016 from www.microbiz.org
What Does The Business Backer Provide?
The Business Backer has helped thousands of female entrepreneurs with their businesses. Since 2007, we’ve offered advice and customized financing solutions for businesses of all types. Our Funding Advisors consult with you one-on-one online or over the phone to evaluate your needs, then help match you with the right product, either directly with us or through our True Relationship Network™ of partners.
Our online application process is fast and simple, and we look at a wide range of factors to get a holistic view of your business before determining your funding options. That way you’re getting an option that fits your unique business needs. Apply now or speak to a Funding Advisor today!
