GET DOWN TO GET DOWN TO

N E M ODOWN TO W GET S S E N I S U B

The latest figures show steady financial progress for women entrepreneurs—but they’re still working to close the gender gap.

Revenues and earnings are up. $80K

$140K

$70K

$120K $110K $100K

2014

12% Revenue growth of women-owned businesses from 2014-2015

2015

$60K $50K $40K $30K

$67,905

$127,222

$130K

$142,804

$150K

2014

$72,529

Average Annual Earnings

Average Annual Revenues

2015

Men-owned businesses had significantly more revenue and earnings, on average, in 2015.

60%

61%

more revenue ($229,115)

more earnings ($117,096)

There’s no progress in loan approvals.

130% 33% Women-owned businesses had a

Increase in women-owned busineses seeking funding on Biz2Credit from 2014 to 2015

lower loan approval rate than men-owned businesses.

Average business credit scores remained unchanged from 2014 to 2015. businesses owned by women 600

500

580

businesses 615 owned by men

620

680

3 Tips for Financing

720

780

Get your paperwork in order.

Mainstream financial institutions look for three years of credit history.

Consider marketplace lending.

Platforms like Kabbage may be an option when big banks are not.

Consider SBA Loan Programs.

These include microloans, real estate and equipment loans, and general small business loans.

Source: Biz2Credit, U.S. Small Business Administration

NFIB.com/WomenAndBusiness