Why do women entrepreneurs continue to face so many hurdles when it comes to small business funding?
There are more than 11.3 million women-owned businesses throughout the United States, responsible for generating over $1.6 trillion in revenue for the economy. However, disparity continues to be a major issue when it comes to financing a woman-led startup, versus that of a man-led startup. Studies have revealed that women ask for less financing than men and receive smaller loans with higher interest rates across all loan categories.
MyCorporation.com CEO Deborah Sweeney breaks down three options for women entrepreneurs.