fbpx

Business Loans For Women

Business Loans For Women

Are you a businesswoman in need of a reliable source to financially invest in your business and enable it to grow and succeed to profitable lengths? Try Capital For Business, where you get the right options with the right advice to choose from a plethora of easy requirement loans.

1t

BUSINESS LOANS

$4,000 – $1,000,000

2t

EASY APPLICATION,

NO OBLIGATION

3t 1

COMMITTED TO

HELPING YOU GROW

Business Loans For Women

In the business flourishing time we live in, women take as much an active part as the other gender when it comes to running and owning businesses.

However, the circumstances of the real world and statistics show that women tend to have harder challenges when setting off on a business-owning journey.

According to a 2020 Forbes report, businesswomen entrepreneurs obtained 36% less capital funding for their businesses than men. This includes loans, shares, and investments.
On the other hand, the performance statistics of these powerful women that have stepped into the business society, significantly increasing their presence share in the last decade, show that women entrepreneurs give a better ROI on their business investments.

According to a Boston Consulting Group report, women generated 10% more revenue and delivered 2x the ROI on each investment dollar over a 5-year period than men.

These statistics show that women are more than ready to dominate the global business industry, and much of the work needs to be done to ease capital investments for women.

This includes easier business loans for women, with easy terms, flexible returns policy, and increased trust for their overall performance.

Types Of Business Loans For Women

To tackle this exact problem, Capital For Business aims to offer various types of loans for working businesswomen that can equip them with the right tools to start and prevail in a business.

Traditional Bank Business Loans For Women

When it comes to acquiring funds or a loan for a business, many may think of hitting up their nearest bank and applying for a business bank term loan.

However, experiences and bank restrictions show that banks are not the most favorable option when searching for a business loan.

Firstly, banks have strict lending agreements. Most loans call for a credit score that is 620 or more with a favorable credit history.

Even then, the loans will be attached with higher interests, strict terms, minimal payment times, and more.

This trend has discouraged many businesswomen to acquire loans from banks and is a significant cause for why there is less participation from businesswomen in the entrepreneurship industry than men.

SBA Business Loans For Women

A better option? SBA Loans. SBA loans are a better and easier option for acquiring small business loans for women.

These loans are administered by Small Business Administration (SBA) and are backed by the government. This guarantee helps the lenders face a lower risk and be more willing to trust small business-owning women to get proper funding and loans.

This also allows for the SBA to consider more and more applicants and offer flexible and reliable terms for business loans for women.

The only condition for SBA loans is that you need to meet the SBA’s Standards for small business size.

Here are the options for SBA business loans for women you can choose from

SBA 7(a) Loan

SBA 7(a) loan is the most demanded and easy-to-acquire loan that offers a large credit limit with a significant term of repayment.

An SBA 7(a) loan can be applied for various reasons, including meeting working capital requirements, property acquisition, renovation, and inventory and asset acquisitions.

  • Funding Amount: Up to $5 Million
  • Repayment Term: Upto 25 Years
  • Interest Rate: Current Prime Rate + 4.75%

SBA 504 Loan

Contrary to SBA 7, the SBA 504 business loan for women is beneficial for long-term investments. This is largely acquired for financing fixed assets, heavy equipment, or the purchase of expensive properties.

The funding of the SBA 504 will come from multiple sources. A certified development company (CDC) will fund usually about 40% of the amount. This will be guaranteed by the SBA as CDC is an SBA-certified NPO.

The residue amount will be sourced from a different lender.

The borrower is required to make a 10% down payment for this loan (which can be 20% in some cases).

  • Maximum Funding Amount: $5 Million
  • Repayment Term: Variable

SBA Express Loans

SBA Express Loans are acquired for quick access to cash. These loan applications are generally processed within 36 hours of the submission of the application.

If you’re in need of cash or inventory in a short amount of time, SBA express loans are your best option.

SBA will guarantee 50% of the funding for any amount in an SBA Express Loan.

  • Maximum Funding Amount: $350,000
  • Maximum Interest Rate: Prime + 6.5%

SBA Microloans

SBA Microloans, as the name suggests, exists to fulfill needs for a short amount of cash. If for any purchase, you fall short of money by an insignificant amount, an SBA Microloan can be the best option for you.

These loans can be acquired for various reasons including working capital, equipment, inventory, and more.

For women starting out with businesses, an SBA Microloan can be the optimal option. With a reasonable interest rate and repayment term, small startups can meet equipment and inventory requirements easily.

  • Funding Amount: $500 – $50,000
  • Repayment Terms: Variable

Alternative Loan Options

Other than the SBA Loans, Capital For Business can help businesswomen acquire alternate options for business loans for women that may be more suitable for them.

These include:

Short Term Business Loans

Short term business loans can help businesswomen acquire working capital on reliable terms. This is mostly acquired for projects that take less than 2 years to complete.

This loan can help your financial needs to tackle funding large purchase orders, undertake renovations or constructions, keep a steady, positive, and healthy cash flow, or finance a much-needed asset for the business.

General Requirements To Qualify

Business Age: 1+ years

Annual Revenue: $70,000+

Credit Score: 540+

Business Line of Credit

Business Line Of Credit increases your purchasing power, acting as a reliable business credit card. If you’re searching for quick access to cash on an ad hoc basis for the purchase of inventory or supplier payments, a business line of credit may be the best option for you.

Whenever you access funds as a loan through this method, you can pay your debt down in regular payments.

The credit limits of a business line of credit are higher than those of credit cards, with repayment terms ranging from 6 months to 3 years.

General Requirements To Qualify

  • Business Age: 1 Year
  • Annual Revenue: 200,000+
  • Credit Score: 560+

Merchant Cash Advance

With a merchant cash advance, businesswomen can borrow an advance load on the basis of their future sales.

If you’re sure your sales revenue will be steady enough to repay the loan, a merchant cash advance can get you the funding right away (approved the same day) and can be repaid through a percentage charged on future sales.

The repayment terms can vary from 3 months to 2 years.

General Requirements To Qualify

Business Age: 3 Months+

Credit Score: 500

Annual Revenue: $90,000+

Accounts Receivable Financing

Businesswomen can fall short of cash inflows and could need to halt future business endeavors if their debtors fail to pay their invoices regularly.

However, with Accounts Receivable Financing, the gap can be filled by gaining a percentage of the debt you’re expected to receive, around 80%-90%.

General Requirements To Qualify

  • Business Age: 1 Year+
  • Credit Score: 600+
  • Annual Revenue: $130,000+

Choosing The Right Loan For You

With so many options for business loans for women, it may take you a while to brainstorm and choose the right type of loan for you.

While the best option, in this case, would be to consult our experts at Capital For Business who can help you pick out the best deal for your specific case, the table below may help you compare with ease.

Loan Type Use
SBA 7(a) Large working capital requirements with a significant repayment term
SBA 504 Long-term loans and investments with a good repayment term
SBA Express Quick approval and need for cash (36 hours approval)
SBA Microloan A small amount of loan, usually to finance business startups by women
Short Term Business Loan Working capital for various uses for 2-year projects
Business Line Of Credit Repeated needs for loans with easy terms for repayment
Merchant Cash Advance Steady future sales predictions but fall in need of cash at the moment
Accounts Receivable Financing Debtors slowing or not paying back regularly

Why Choose Capital For Business To Acquire Business Loans For Women

As suggested earlier, the traditional method of acquiring loans from a bank can be a big hassle that is not worth the guarantee.

Bank loans mostly call for a high credit score, short repayment terms, and limited credit limits.

Moreover, the application process can also be hectic enough for you to back off.

This introduces alternative sources to acquire loans such as SBA loans or other loans. However, for alternative sources, you need an authority that you can trust and rely on, which can mediate the application process and help you acquire the loans with a good guarantee and quick approvals.

Furthermore, an authority that can offer you expert advice on your business finance model and the best option among the business loans for women available to you.

This is why you need Capital For Business. With expert and experienced professionals working under the name and a vast connective approach that we have, Capital For Business can help businesswomen just like you to acquire the best loan for you.

OUR FAST WORKING CAPITAL LOANS PROCESS

Get Working Capital in as Little as 24 Hours

In just three easy steps, you can access the right financing solution for your business. Our fast application and 24-hour funding process give you the working capital needed to grow your business in no time!

complete the form for a business loan

Apply in minutes

Complete a single small business loan application. It takes less than 5 minutes.

get fast approve for a small loanGet approved
in hours

The best small business financing options tailored to your business needs.

flie moneyReceive funds in as
little as one day!

Capital for Business makes your small business financing experience fast, simple, and affordable.

Apply in Minutes

Tell us about your business

Tell us All about you

Connect your bank account

GET THE SMALL BUSINESS CAPITAL YOU NEED TO AFFORD YOUR DREAMS

FAST & SIMPLE

give as a call
Apply Now

    Find Out How Much Funding You Qualify For

    They advocated so brilliantly for my account and are a huge reason for my renewed success with Capital For Business.
    photo

    Jonathan N. Craig

    a trusted partner when your business does not work properly.
    photo

    Geoffrey E. Avila

    If you have business problems you have to be part of your recovery plan.
    photo

    Debra R. Daley

    They helped me with a business loan and now we’re thriving 🙂 thank you!
    photo

    Edson Romero

    Quite a pleasureable experience!
    photo

    Lisa B. McClean

    I had a really great experience getting funding for my business through Capital for business . Would highly recommend it.
    photo

    Aaron S. Devlin

    this review wants to be of benefit to those who have trouble with their business and to trust their services.
    photo

    Lillie Martinez

    Your staff and business associates were professional and efficient. I was treated with respect and they took the time to understand my business needs.
    photo

    Trammy R. Young

    Jeff is absolutely the best. We are a small company and have been in business for less than 2 years. We reached out because we needed capital to give
    us that extra boost to make more money. We received the application right away and as soon as I sent it back he worked on a funding solution for our company. We had the money in our account the same day we signed off on the loan. Thank you!!! will recommend.
    Read more
    photo

    Smaat Money

    I do truly recommend them. I enjoyed working with them, easy to talk too and they explain all the process for what you need.
    photo

    Cory Z. Sciortino

    It's such a professional company. I enjoyed the collaboration we had
    photo

    Florence B. West

    Great experience. Great customers services. Great over all.
    photo

    Harold M. Joseph

    I am really satisfied. Very helpful!
    photo

    Maria Kincer

    They were recommended by a co-worker. I am pleased by the services and taking his advice.
    mystery man

    A Google User

    I am really happy with Capital for Business services. Great ethics.
    photo

    Angela Nagy

    They give their best to give your perfect solution. Fast, easy and without a lot of papers involved.
    photo

    Charles V. Fraizer

    The thing that impressed me the most is that they try to find the best solution for you and they explain it to you step by step.
    photo

    Benjamin G. Blast

    perfect for small business. They are trustworthy.
    photo

    Carol T. Moir

    I thank them so much! Their customer service is impeccable.
    photo

    Edwin C. Sims

    I recommend them. They are the best!
    photo

    George L. Dodson

    I just started a new business and this company helped me sooooo much!
    photo

    Roxanne J. Chambell

    Their loan saved my business. Thank you so much!
    photo

    Marlene A. Esposito

    The greatest help for the small businesses community.
    photo

    Michele R. Carrigan

    The thing I appreciate most about this company is that it's moral and client oriented.
    photo

    James H. Fauver

    They were recommended by a close friend. Reliable company 100%
    photo

    Bettie Nelson

    I do recommend this company! It is worthy!
    photo

    Werner D. Seely

    Such great experience! I encourage everyone to come to Capital for Business!
    photo

    Raymond S. McDermott

    Capital for Business was a recommendation and now I recommend them too!
    photo

    Marjorie Fitch

    awesome place for small loans
    photo

    Jamie M. Deming

    They were recommended by a close friend. Reliable company 100%
    photo

    Bettie Nelson

    Very helpful, even helping me after hours with questions and help. I highly recommend them!
    photo

    Mark G

    Half a year ago our business was falling into a pit but thanks to the loan from Capital for Business we are on track again.
    AOh14GhKZM WPmGrYewqtx vJsdVRDDMquaamyHen0vw=s128 c0x00000000 cc rp mo?sz=100

    Carmella A. McGregor

    Jeff is absolutely the best. We are a small company and have been in business for less than 2 years. We reached out because we needed capital to give
    us that extra boost to make more money. We received the application right away and as soon as I sent it back he worked on a funding solution for our company. We had the money in our account the same day we signed off on the loan. Thank you!!! will recommend.
    Read more
    AOh14Giq4rcsdJEkTl5LA P 3Rf26lkOSN 3dehOhiPG=s128 c0x00000000 cc rp mo?sz=100

    Hamili Milligan

    Awesome to work with!
    AOh14Gj9p0o65KQbJnwfiqXkxFgDo3NshN2PslkL8zeQEw=s128 c0x00000000 cc rp mo?sz=100

    J&D Construction LLC

    Jeff was amazing and very attentive to my funding needs for my business! I had a couple hiccups but he did not give up and delivered on exact what I n
    eeded. I can’t appreciate Capital for Business enough
    Read more
    AATXAJw2S5lSfTCxSktPiAIj7 oOGwo0Uh9qHCifbQNt=s128 c0x00000000 cc rp mo?sz=100

    Ashley Johnson

    Easy process, superb communication!!!!! Looking forward to future endeavors!!!
    AATXAJzLgzzxnDNvaXKyiBiVXYSGgMd3WysBvUTI GHK=s128 c0x00000000 cc rp mo?sz=100

    William Richardson

    Call Now Button