Industrious women can make use of these organizations that offers small business loans for women to expand their business and growth in 2022.
Business For Women
According To Investopedia, The term business refers to an organization or enterprising entity engaged in commercial, industrial, or professional activities.
Businesses can be for-profit entities or they can be non-profit organizations that operate to fulfill a charitable mission or further a social cause.
Businesses range in scale from sole proprietorships to international corporations and can range in size from small to large.
Why These Small Business Loans For Women?
There are so many reasons why some of these loans organizations grant large or small business loans for women who are industrious.
If you are a business woman that is looking for finance to grow your business or you already have a business idea that needs Financial support to grow into large business then read from our 15+ organizations that offers large or small business loans for women.
Large Or Small Business Loans For Women
• Small Business Administration
The U.S. Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses loans for women.
The mission of the Small Business Administration is “to maintain and strengthen the nation’s economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters”.
The agency’s activities have been summarized as the “3 Cs” of capital, contracts and counseling.
SBA loans are made through banks, credit unions and other lenders who partner with the SBA.
• Minority Business Development Agency
The Minority Business Development Agency (MBDA) is an agency in the United States Department of Commerce that promotes growth and competitiveness of the United States’ minority-owned businesses, including Hispanic and Latino American, Asian Pacific American, African American, and Native American businesses.
MBDA’s stated mission is to promote the growth and competitiveness of minority-owned businesses by providing access to capital, access to contracts and access to market opportunities – both domestic and global.
The main feature of the organization and its site is to provide business consulting services to minority business owners.
• Fundbox Business Loans
Fundbox is a financial services platform based in San Francisco that offers credit and payment solutions to small businesses.
Founded in 2013, the company uses big data analytics, engineering, and predictive modeling to help optimize cash flow for small businesses.
Fundbox’s primary offering is a revolving line of credit where companies can apply for business loan and get a decision in minutes.
The credit is intended for use by small businesses in the business-to-business space seeking to optimize cash flow and continue to successfully run their businesses while waiting for accounts receivable invoices to be paid.
This enhancement in cash flow is intended to help companies maintain consistent operations and make investments such as new equipment or payroll.
• Bluevine Loans For Women
BlueVine (formally BlueVine Capital), is a Redwood City, California-based fintech company that provides online business banking and financing to small- and medium-sized businesses.
• Funding Circle Business Loans For Women
Funding Circle is a peer-to-peer lending marketplace that allows the public to lend money directly to small and medium-sized businesses.
Through this exchange businesses access lower costs of financing than they would get at a bank and the public are able to become lenders and in doing so make a return on their capital.
As of September 2019, Funding Circle has facilitated over £8 billion in loans to small business veterans and medium-sized firms.
• Tury Burch Foundation
Women of ColorBlack businesses are vital to their economy. and are amongst the hardest hit by the impacts of the pandemic.
Fearless Fund and The Tory Burch Foundation are partnering again to launch the Women of Color Grant Program along with The Cru.
Together they will be awarding a total of seventy-five deserving lucky small businesses $10,000- $250,000 each as well as access to a peer network to help them continue to build and grow their business.
• National Association Of Women Business Owners
The National Association of Women Business Owners (NAWBO) is an organization in the United States founded in 1975 that has the purpose of networking the approximately 10.6 million women-owned businesses so as to provide mutual support, share resources, and provide a single voice to help shape economic and public policy. As of 2007 the president of the organization is Lisa Kaiser Hickey of Lakeland, Florida.
• Professional Women Association
The International Association of Women (IAW) is a Chinese-American for profit professional association and networking platform fully owned by Professional Diversity Network (NASDAQ:IPDN) since 2014
it is the largest business network for professional women in the United States, spanning virtually every industry and profession, with over 850,000 members from diverse backgrounds. In 2013, NAPW.com was voted one of Forbes’ Best 100 Websites for Women.
• Community Development Financial Institution
A community development financial institution (US) or community development finance institution (UK) – abbreviated in both cases to CDFI – is a financial institution that provides credit and financial services to underserved markets and populations, primarily in the USA but also in the UK.
A CDFI may be a community development bank, a community development credit union (CDCU), a community development loan fund (CDLF), a community development venture capital fund (CDVC), a microenterprise development loan fund, or a community development corporation.
CDFI is defined as a financial institution that: has a primary mission of community development, serves a target market, is a financing entity, provides development services, remains accountable to its community, and is a non-governmental entity.
• Economic Development Administration
The U.S. Economic Development Administration (EDA) is an agency in the United States Department of Commerce that provides grants and technical assistance to economically distressed communities in order to generate new employment, help retain existing jobs and stimulate industrial and commercial growth through a variety of investment programs.
• Kiva Business Loans
Kiva (commonly known by its domain name, Kiva.org) is a 501(c) non-profit organization headquartered in San Francisco, California, that allows people to lend money via the Internet to low-income entrepreneurs business owners and students in 77 countries.
Kiva’s mission is “to expand financial access to help underserved communities business thrive.
• Guidant Financial
Guidant Financial is an American small business financing company with headquarters in Bellevue, Washington.
It provides business financing solutions to new and existing entrepreneurs. The company specializes in Rollovers as Business Start-Ups (ROBS) and Small Business Administration (SBA) loans.
Guidant Financial has helped over 18,000 entrepreneurs put greater than 4 billion to work in small business and franchise locations in all 50 states.
• Accion International
Accion is an international nonprofit. Founded as a community development initiative serving the poor in Venezuela, Accion is known as a pioneer in the fields of microfinance and fintech impact investing.
