Recent studies show women becoming the fastest growing demographic of new business owners in the US, with over 40% of all new businesses being run by female entrepreneurs! So why is it that the same studies also show that only 25% of all women get approved for business financing, and receive only half as much financing on average as men?
Easier Business Financing for Women
We don’t know. What we do know is that it’s about time women business owners had an easier, faster way to access to the best business financing offers available! As an equal opportunity lender, we’re always looking for ways to better serve our customers. And so, from a demand for a more accessible funding process for female entrepreneurs, National Business Capital is proud to introduce:
The Empowerment Loan™: Financing Just for Women-Owned Businesses!
The first ever financing product that specializes in helping women entrepreneurs fund their business growth! The term lengths, rates, and loan amounts of Empowerment Loans are fully customizable to suit the needs of virtually any woman-owned business, for any business need, including:
- Hiring Staff
- Gain Working Capital
- Purchase, Lease or Upgrade Equipment
- Bridge Gaps in Cash Flow
- Expand or Relocate Your Business
- Managing Payroll
- Getting Materials and Inventory in Bulk
- Immediately Fill Customer Purchase Orders
- Paying Off Vendors, Bills, and Other Business Expenses
The list goes on! Needless to say, the amount of challenges that you can fix, and the amount of opportunities you can take advantage of with our small business loans for women are limitless. Read on to learn just a few benefits all women business owners can expect to receive within 24 hours after applying for an Empowerment Loan!
Empowerment Loan Requirements:
We streamlined and simplified our funding process for women entrepreneurs. Here’s all you need to qualify:
- Business Must Be at Least 51% Owned By Women
- Must be in Business for 6+ Months
- Make $100k in Annual Gross Sales
- NO FICO Minimum Required
- NO Collateral Necessary
- NO Industry Restrictions
Never Settle – You Have Options!
With greater variety comes greater opportunity, and a greater chance for success. When it comes to business financing, the ability to choose between many different loan options is vital. Never settle for a lender that tells you its their way, or the highway. Empowerment Loans put YOU in control of the terms and benefits you receive, with a vast variety of options to choose from.
Here’s Our Top 3 Most Common Options for Women Business Owners:
- Small Business Loans for Women: These are some of the most common choices of small business loans for women, due to the flexibility and customization that they offer. Choose between fixed or flexible payment terms, small or large loan amounts up to $5 Mil, and term lengths ranging from 6 months to 10 years!
- Women Business Line of Credit: With a business credit line, women gain fast, flexible access to cash, whenever you need it. Unlike other lenders, all of our business lines of credit are TRUE revolving. Unlike a woman business loan, a line of credit is given, which you can draw from whenever you please. You can then continue drawing from this credit line, or replace the money you drew, which would then become available to draw from in the future.
- SBA Loans for Women: In spite of it’s name and purpose, SBA Loans are notoriously difficult to get. This is especially true among women entrepreneurs, with a significantly lower of women-owned businesses getting approved each year. Our Hybridge SBA Loans for Women make it easier with easier qualifications, and a much faster time to funding -min. 45 days- compared to the average bank’s time to funding of 6+ months.
With access to more than 75+ specialized lenders, National Business Capital can find the perfect small business loan for women-owned businesses in the global marketplace. Each type of Empowerment Loan we offer is equipped with terms and benefits that specialize in helping women accomplish different goals, and squashing any challenge in its tracks.
Exclusive Benefits for Women-Owned Businesses
- 90% Approval Rate: After all women entrepreneurs have been through in building and running a business, we think it’s about time someone made funding more accessible for women-owned businesses. That’s why we approve over 90 percent of all women who apply for an Empowerment Loan. Unlike any other bank or lender, we focus on the bigger picture, instead of just your financials. Which brings us to our next benefit:
- Expedited Funding & Minimized Paperwork: Through revolutionary services that dramatically reduces paperwork, and utilizing cutting-edge technology, we can cut down the amount of time it takes to secure funding down to as fast as 24 hours. Compare that to the typical amount of time it takes traditional lenders to get funding for their female clients (several weeks to months), and you can see why women who need fast business funding choose us.
- 24/7 Access to a Business Financing Advisor: Funding a business is a huge step forward towards growth in any entrepreneurial journey, and should never be taken likely. We understand that you’re not just looking for a quick fix, you’re looking for a long term relationship with a competent professional that knows what it takes to get you the funding you need, with the respect you deserve.Our team of Business Financing Advisors are dedicated to getting women entrepreneurs the perfect option that suits your individual needs, while guiding you through the funding process from start to finish. With 24/7 connection to your personal Business Financing Advisor, women entrepreneurs save much time spent waiting, otherwise spent waiting, reduce risk of paperwork mishaps, informational privacy, as well as blasting through common roadblocks-something we’ve become great at blasting through after 10+ years of funding women in business.
How to Get Small Business Loans for Women!
Simply contact a Business Financing Advisor and tell them exactly what you’re looking for. We’ll review your options with you, and consult with you to find the best Empowerment Loan that perfectly suits your needs. Give us a call at (877) 482-3008 to ask which Empowerment Loan is best for you, or fill out our 1-minute application to get the funding you need in as little as 24 hours!
Disclaimer: The information and insights in this article are provided for informational purposes only, and do not constitute financial, legal, tax, business or personal advice from National Business Capital and the author. Do not rely on this information as advice and please consult with your financial advisor, accountant and/or attorney before making any decisions. If you rely solely on this information it is at your own risk. The information is true and accurate to the best of our knowledge, but there may be errors, omissions, or mistakes.