Yes I am a big supporter of female owned businesses, but at the same time, I must accept the fact that being female entrepreneur in male-dominated fields is highly challenging. In fact women face more challenges than men.

Let it be business setup, or running it smoothly, things for women are bit too resistant. This is especially true when women apply for business loans. Honestly, securing business loans is a notoriously difficult task for entrepreneurs of any gender, but for women it’s harder than men because most of the time they don’t know where to start and how to start.

In this connection, I must share this amazing write up on How to apply for a Small Business Loan. And besides that, do follow these tips:

 

1- Have your financial information organized.

2- Do have a disaster plan and information about emergency small business loans.

3- Seek out women-specific lending programs, here are some most authentic ones to consider.

  • 10 Loans for Woman Owned Small Businesses and How to Apply
  • 11 Grants for Women-Owned Businesses You Need to Know About
  • SBA Loans for Women

4- Explore your lender options

Small-Business Loans for Women: Your Best Options 2017

5- Build relationships in your business community. Here are some women’s entrepreneurship partner groups to be part of.

  • Association for Enterprise Opportunity (AEO)
  • Association of Women’s Business Centers (AWBC)
  • National Association of Women in Construction
  • National Association of Women in Real Estate Businesses (NAWRB)
  • National Association of Women’s Business Owners (NAWBO)
  • National Women’s Business Council (NWBC)
  • U.S. Women’s Chamber of Commerce (USWCC)
  • WEConnect International
  • Women’s Business Enterprise National Council (WBENC)
  • Women Impacting Public Policy (WIPP)
  • Women’s Presidents’ Organization (WPO)

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