Small Business Loans For Women

Post on 22-Apr-2015

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In today’s presentation to take a look at the options for small business loans for women. So let’s get started!

Transcript of Small Business Loans For Women

by FitSmallBusiness.com

Small Business Loans for Women

to help women entrepreneurs gain access to financing.

There are many resources available

Preparing for aLoan Application

Free small businesscounseling services will help you refine your business plan

and explore various financing options.

There are two main organizations that provide these counseling services to women.

Small Business Administration (SBA)

Which has a national network of nearly 100 Women’s Business Centers

that are designed to assist women in starting and growing small businesses.

is another organization that provides counseling services for small businesses.

SCORE

They will be able to help you find and access resources specifically targeted to women.

Access to CapitalBegin to evaluate your financing options

There are a number of specialized financing options available for women

from State loan programs, non-profits, and commercials banks.

Banks and Micro financeInstitutions

Key BankProvides women-owned businesses with access to capital, customized financial solutions.

Union Bank Provides flexible underwriting on loans and lines of credit up to $50,000.

Wells Fargo Have committed to loaning $55 Billion to women owned businesses by 2020.

PNC Financial Services

PNC provided approximately $6.8 billion in loans and lines of credit to qualified women-owned companies.

AccionMicrofinance organization that lends with the mission of empowering business owners.

State Loan Programs

Another way to find state level programs is to do a Google search for “women business development “

Many states have programs designed to assist women entrepreneurs, so it is worth investigating the opportunities in your state.

Non-Profits for Women EntrepreneursThese organizations are designed specifically to promote women-owned businesses and increase their access to capital.

Three organizations to consider are...

Women’s Venture FundProvides small business loans and

counseling services designed to help improve women-owned businesses.

Astia.org

Does not issue loans, but is more of a startup incubator for women.

Springboard Enterprises Is a technology oriented entrepreneurship incubator for women. But it does not offer loans.

Overview...

Overall, accessing

small business loans for women requires a willingness to invest some time to explore various options.

And Finally...

the process of To learn how to

running your businessvisit us at....

simplify

www.FitsmallBusiness.comThanks for watching

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