Why we chose it: The Small Business Administration (SBA) partially guarantees the SBA 7 (a) loan, making it a solid choice for women looking for higher borrowing limits and longer repayment terms.

Small business loans can help women get their businesses off the ground and grow them into thriving enterprises. These are the most common types of small business loans for women and other ...

In 2021, 38.3 percent of women-owned businesses’ total sales decreased due to the COVID-19 pandemic. Over 60 percent of women have sought financing to meet operating expenses.

Women-owned businesses (companies at least 51 percent female-owned) have grown exponentially to account for nearly four-in-ten of U.S. firms over the past two decades. As of January 2017, there ...

When you start a small business, there’s one thing you need more than anything else: money. However, getting money to fund a business has been challenging for women, particularly women of color ...

But the unfortunate reality is that while 30% of small businesses in the United States are female-owned, these women receive only 4.4% of total small business loan dollars.

In 2022, 25% of women-owned businesses were rejected for a loan, compared to 19% of male-owned businesses. Beyond that, women of color were denied business relief funds two times more than male ...

5. Galaxy Grant This grant program, which is presented by Hidden Star, a nonprofit organization, is open to women and minority small-business owners. Winners can currently receive a $1,500 grant.

The businesses must be 100 percent women-owned and have found­ing principles of social consciousness, sustainability and innovation, plus be ready to move to the next phase of development.