Capital For Women Owned Businesses

Posted by Karen Erdelac on Aug 5, 2020

Business Capital For Women Owned BusinessesMore women are starting businesses than ever before, which is great news. “According to the 2019 State Of Women-Owned Businesses Report, the number of women-owned businesses climbed 21% between 2014 and 2019.” However, many women owners don't seek funding because they feel like they won’t be approved, and many of them aren’t. This can even prevent some from starting a small business in the first place. 

There is a consensus that a lack of capital has been the biggest challenge for women owned businesses over the last decade. Quikstone Capital has proudly partnered with women owned businesses across several industries, including:

  • Restaurants
  • Food Trucks
  • Grocery Stores
  • Bakeries
  • Hair Salons

When you choose Quikstone Capital for your business capital, you get a silent funding partner that cares about your success. We’re here to help you find the right solution to help your business profit and thrive.

***We control both the credit decision and the funding process, so we can respond to your needs quickly.

Statistics Regarding Women Owned Businesses

Who’s starting small businesses today?

  • 73 percent identify as male
  • 25 percent identify as female

Financing is a challenge for all entrepreneurs, but our data shows that women are much less likely than men to both seek and obtain financing for their small businesses.”

“Just 25% of women seek financing for their business. This is significantly less than the 34% of men who seek funding for their businesses.”

“59% of women would like funding for business growth. There are plenty of different reasons to seek business funding. But the most prevalent for both women and men was growth. Specifically, 59% of women said they sought out funding to grow their business, compared to 58% of males.”

“31% of women who do seek funding are successful. Men were again more likely than women to be successful in their quest for funding. By contrast, 34% of men who applied said they received their funding request.”

At Quikstone Capital we’d like to help move the needle a bit regarding this issue. Whether you’re seeking funding for the first time, or have had trouble being approved in the past, we encourage you to apply now.

Apply Now

Topics: Small Business