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The Best Business Loans for Women

Apr 9, 2019

The Best Business Loans for Women

Women continue to be a force to be reckoned with on the small business landscape. They own 4 out of 10 US businesses, and in 2017 alone, 1,821 new women-owned businesses launched every single day.

In fact, women are slightly more likely to start businesses than men. However, they face some unique challenges when it comes to growing their businesses. Chief among them is access to financing. According to a Federal Reserve report, women were less likely to receive loans they applied for compared to men and more likely to face financial gaps in their business.

The good news is that business loans for women aren’t out of reach. There are several loans women can use to run and grow their businesses, whether they need a source of short-term working capital or funding for a large-scale investment.

If you’re a woman who’s looking for a small business loan, these are the 5 best options to consider:

About the Author

Rebecca Lake

Rebecca Lake

Rebecca Lake is a financial journalist covering small business, investing, and personal finance. Her work has appeared online at U.S. News and World Report, Investopedia, and The Balance. She also works with top banking and insurance brands, including Citibank, Ally, Discover Bank, and AIG.

See all articles by this author

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