One of the biggest challenges to growing any successful business is the ability to obtain capital. Although thousands of business owners apply for bank loans and to venture capital firms each year, businesses run by men receive 95% of venture capital financing, while businesses run by women receive a mere 5%. Furthermore, according to the organization Women Accessing Capital, women business owners typically apply for loans four times before succeeding. All in all, we’ve noticed that sometimes women entrepreneurs have been at a disadvantage when it comes to securing capital for their companies, but there are ways they can increase their odds of success, even in the middle of a murky credit environment. Here are three.


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Comments


Written by HeatherStone
463 days ago

Hi Karen,

Thanks for posting this. It'd important to know where women entrepreneurs can go and what they can do to find financing for their businesses. Finding funding is difficult for any entrepreneur, but women also face a unique set of challenges. Thanks also to Maria for sharing these thoughts with the BizSugar community.



Written by bigmoneyweb
463 days ago

I agree with Heather because women entrepreneurs are growing rapidly and it's good for them to know where they can go and get funding for their business.

Thanks for sharing.



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