Supporting women-owned businesses makes all those dreams a reality for the owner and the community in which they serve, especially when considering the many obstacles women face in the workforce, like access to affordable child care and fair access to capital.
Small companies face an uphill battle – buyers leverage long-payment terms on invoices and banks are often unable to give businesses the access to the funds they need. Large companies are demanding longer payment terms than ever before.
With a secured loan, the collateral that you submit is also at risk. However, unlike your reputation, profits, and credit history, you have choices when it comes to choosing the type of collateral you’re willing to risk.
Many small business owners panic when they hear the statistic that 60% of small businesses fail within their first year but the power is in the hands of the business owner. In order for small and or new businesses to be