Loan Approvals Lag for Female Business Owners: Report

Kline, Alan
March 2013
American Banker;3/28/2013, Vol. 178 Issue 48, p17
Trade Publication
The article reports the loan approval rate for women-owned small businesses in the U.S. was lower than the rate for their male counterparts, according to a report from Biz2Credit company which matches lenders and borrowers. The article notes the analysis was based on data from approximately 14,000 loan applicants in the second half of 2012. It also notes the reasons for this disparity such as credit scores and annual revenue. A press release from chief executive officer Rohit Arora is noted.


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