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4 Reliable Financing Tips for Women Business Owners

Women are now majority owners of 38% of businesses in the United States. And yet, when we look at funding, there is a disparity. The loan approval rate for women is 15-20% lower than it is for men, and women receive only 7% of venture capital investment money.

But financing for women business owners is important. It helps them stay competitive, by allowing them to invest in advanced technology, hire new staff, and fund new marketing initiatives. It also helps minor issues stay minor. A late payment from a client or for equipment repair can be frustrating, but can be much more than that if you don’t have a cushion to fall back on.

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