Second thing you need to consider to get a loan.
Seek out women-specific lending programs.
No matter where they apply for a loan, female entrepreneurs face a lot of competition. However, some lenders have implemented loan programs dedicated to women-owned businesses to make it a little easier for these business owners to receive funding. We've historically seen women underrepresented with co-ed funds, and the emergence of funds that are earmarked specifically for women is a new and exciting trend. Apply for general loans and women-centric programs simultaneously to increase your chances of receiving the money.
Read the full article at: http://smallbusiness.foxbusiness.com/finance-accounting/2014/01/20/how-to-get-small-business-loan-tips-for-female-entrepreneurs/
Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.
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