Women Business Owners Struggle to Get Business Loans | Inc.
Survey conducted by researchers at Pepperdine University's Graziadio School of Business and Management
Joyce Rosenberg's Associated Press article on women and small business financing is picked up by Inc.com. The article cites research conducted by the Pepperdine Graziadio Business School in partnership with Dun & Bradstreet. Findings show female small business owners have access to less financing than their male counterparts.
Rosenberg speaks with female small business owners, as well as lenders, to assess this gap. She notes that newer companies without track records typically have a tougher time obtaining financing, and since women have been starting companies at a high rate in the past decade, many of those businesses are young. The financial crisis of 2008 and its aftermath have also made loans harder to get, so women are pursuing options like peer-to-peer funding as alternatives to the large banks.