Starting a new business is always hard, especially if you’re a woman. Unlike male entrepreneurs, females have much more trouble securing bank loans. To make matters worse, even when they receive a ...
Aside from rising interest rates and lenders tightening requirements, a 2023 Federal Reserve study revealed that in 2022 a lower percentage of women were approved for small business loans than men.
It was impactful work that will have long-lasting impacts." The NWMF gave out 138 mission-driven grants through the year, adding up to more than $4 million, and 25 business loans totaling $843,009.