Reported about 10 hours ago
The 2024 State of Women Small Business Report by Block Advisors reveals that while women entrepreneurs express optimism about their businesses, significant funding and support gaps persist. A concerning 42% of women seeking bank loans face denial, particularly impacting Black women, with 50% never approved for loans. This situation forces many women to rely on personal financing, which might deter potential entrepreneurs despite their positive outlook for the future.
Source: YAHOO