Small Business Loans for Women
Nowadays, there are many women have been successful in business world. Many more women have taken up courage to join in this business family. In the past decade, the number of women-owned businesses has boomed, and these businesses are just as successful as businesses owned by men. Women have contribute a lot to world economy and business activities.
Home-based small businesses run by women have increased as women prefer the convenience of looking after their children and homes in addition to running a business at home. Hence, small business loans for woman to run such businesses are, therefore, essential.
The need for a small business loan for woman was recognized in the United States as more women became an integral part of the business community. There are many resource in USA for woman to apply for small business loans as follows:
1. Small Business Administration (Office of Women’s Business Ownership) (www.sba.gov/womeninbusiness) –
SBA help woman for all stages of business from early stage to expansion level of business. This is a very good resource to get small business loan for woman.
2. Count-Me-In (www.count-me-in.org) –
This is a new fundraising organization that raises money from women for women.
3. Federal Money Retriever (www.fedmoney.com) –
The premier grants and loans database software containing information on all U. S. federal government grant and loan programs. There is a cost for the software, but the site allows you to research some of the grant dollars that are available. They have a specific category for grants available for women at: http://www.fedmoney.com/grants/su0232.htm
4. The Women’s Funding Network (www.wfnet.org) –
Promotes the development and growth of women’s funds that empower women and girls by fostering strategic alliances among women, donors, communities and institutions.
5. NBC Supplier Diversity Program (www.nbcsourcing.com/supplierdiversity/) –
This is more like a procurement opportunity specifically for women and minority owned businesses.
6. American Association of University Women (www.aauw.org) –
This foundation is one of the largest private sources of funding for graduate women in the world.
7. The Ada Project for Women (TAP) (http://tap.mills.edu) –
Includes information on conferences, discussion groups, organizations, fellowships, grants, and notable women in computer science.
8. Financial Women International (www.fwi.org) –
Provides information on professional growth, information sharing, peer networking, mentoring, leadership development, and career advancement for women.
But you need to be aware of SCAMS
The scams may come to you in the way of: telephone calls, infomercials that look like TV programs with celebrities, “You’re Invited” seminars that offer a big-time sales pitch. Just remember “Don’t ever give your personal information like your credit card number or bank account number”.
Below are some help and information about scam. Please bookmark it as a good reference when you need or before you apply any business loan:
a. Federal Trade Commission (www.ftc.gov) –
this is the federal government’s complaint department. If you have been “taken” by a scam or suspect a scam, let this department know and they will investigate.
b. National Fraud Information Center (www.fraud.org) –
a division of the non-profit National Consumers League, this site is dedicated to educating consumers about scams and how to avoid them. Check out the Internet Fraud Daily Report.
c. North American Securities Administrators Association (www.nasaa.org) –
protect us from securities fraud. Entrepreneurs can find valuable information on franchising and raising capital in the “Help for small business” section.
d. ScamBusters (www.scambusters.org) –
keeps you posted on what to watch out for.
e. U.S. Department of Justice (http://www.usdoj.gov/criminal/cybercrime/index.html)
f. Federal Bureau of Investigation (www.fbi.gov)
g. How To Avoid Internet Investment Scams (http://www.sec.gov/consumer/cyberfr.htm) – an article by the U.S. Securities and Exchange Commission… well worth checking out.
h. National Financial Fraud Exchange – can be reached by telephone at (800) 822-0416.
To help you get the best lowest interest rates and conditions on your small business loan we suggest you also find online small business loan for woman. The interest rate may be much more cheaper.
