Today’s economy is changing rapidly, and women in business are playing a big role in it. Women owning small businesses are a fast-growing segment of the economy. Being a woman in business demands patience, hard work, and the financial reserves to service the needs of the business. Most of the Women need small business loan once in a while, perhaps in times of emergency or in order to take advantage of a not-to-be-missed opportunity.
Women Business Owner’s Data
The National Association of Women Business Owners in America indicated that as of 2018 there were over nine million female-owned businesses in the country. They employ almost eight million people and generate almost one and a half-trillion dollars in sales. In the social and healthcare assistance niche, women own over half the businesses.
The Need of Small Business Loan
Most small businesses need access to funding in order to succeed they need a small business loan to grow. Whether it’s for expansion efforts or taking on new staff, women business owners countrywide need business loans to help them succeed.
As a small business, you’ve probably been turned away from getting government loans. Banks are very reluctant to give Small Business Loan With Bad Credit. A study in the U.S. revealed that out of 10,000 applicants, over eighty percent were turned down by their banks. That’s because it is riskier for banks to give loans to small businesses than to more established companies having a good credit score.
To be clear, the banks’ administration costs are the same whether they’re giving a big or small loan, so they tend to try to get the most possible profit by rather lending big amounts to larger, established businesses.
Clear Skies Capital is your ally. We take pride in being champions of women in business and are more than happy to provide business funding to them. It’s often extremely difficult to procure funding through traditional lenders such as banks. Since the financial meltdown in 2008, they have become even more strict about who they lend. Clear Skies Capital makes it easier for you. We understand that different businesses need different types of loans with different terms.
We provide many kinds of business finance, from equipment funding to working capital loans to merchant cash advances. Our experts are able to guide you to the package that best suits your company’s needs. Women business owners can rest easy in the knowledge that we have a finance product suited to their specific requirements.
It’s important to pick the right funding package as the repayment methods and terms will affect your cash flow. It’s vital for women who want their business to succeed to work with a lender who is sympathetic to their needs and desires.
Once Clear Skies Capital has provided you with finance, we don’t dictate what you use it for. You’re free to use it for your business wherever you see best.
- Purchasing stock
- Securing office space
- Hiring staff
- Paying tax
- Utility accounts
- Upgrading software
- Equipment purchases
- Emergency help
Simple Application Process
Clear Skies Capital knows that as a woman in business you have better things to do than wait for appointments with bank managers and fill out piles of forms. Our business loans for women’s applications have been streamlined so that the entire process is quick and easy. Our online forms are short and there are no hidden costs. You’ll be notified about whether your application has been successful or not within about twenty-four hours.
We’ve Got Your Back by offering Small Business Loan
Clear Skies Capital believes in empowering female business owners. Our willingness to support those with bad credit ratings makes us the perfect company for women in business. Contact us soon to find out more about small business funding for women. We’re an ally for women in business, empowering them to secure their financial futures and make their visions a reality.
If you currently have a bad credit rating, check out this article – Small Business Loans for people with bad credit