Lenders provide liquidity to female entrepreneurs with business grants
In the rapidly changing modern economy, entrepreneurs need access to fresh capital for new products, research goals and fluctuating inventories. While large companies that have fared well on the open market for several years can rely solely on profits to reinvest, every new firm needs to set up the basics like a tax id, business insurance, etc. But to grow, they need loans to survive rough business quarters.
This is especially true for small businesses. While it can be difficult for startup companies to become profitable, small businesses led by women are at a disadvantage. Data from the loan market suggests that female entrepreneurs are 5% less likely to receive conventional business loans. This trend also pertains to women who apply for the government-supported loans of the Small Business Administration
