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Women who own businesses struggle to get business loans

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Inc.com: Getting a bank loan is still a struggle for many women who own businesses. A survey of businesses conducted this summer and released last week found that 30 percent of companies owned by women were able to get bank loans during the previous three months, compared to half of all the owners surveyed. Only 21 percent of the women surveyed said they expected it will be easy to raise debt financing — essentially loans — in the next six months, compared to 44 percent of all companies. Fewer of those owners said they were likely to pursue a bank loan, at 67 percent compared to 75 percent of all owners. Women were also more pessimistic about the impact on their companies of not being able to get financing — 64 percent predicted slower growth versus 44 percent of all business owners.

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