Business loans for women - fast decision
Finance for women to start or build a business
It can be a very satisfying move to go from working for someone else
to being your own boss - taking control of your own potential and future.
Men are twice as likely to start a business as women. In the UK only
30 per cent of businesses are owned by women and only a quarter of the
UK’s 3.2 million self-employed workers are female. Only three
women occupy a Chief Executive position in the FTSE 100. We aim to help
change that!
Women aged 18 - 24 years are the least likely to start up a business,
and women's enterprise groups want this age group to be given encouragement
by more business related training at schools and universities. Those
who have been lucky enough to have early business training are two-and-a-half
times more likely to become entrepreneurs, as are graduates. Self-confidence
is one of the most important ingredients for anyone starting a business
- you need to believe in your own abilities to be a success.
In the past five years there has been an improvement with more and
more women deciding to branch out and become their own boss. The UK
has not caught up with Europe and the US yet, but the business gender
gap is getting smaller. The face of business is at last changing. A
recent survey revealed that one in every hundred women workers aims
to start their own business in the next three years.
Flexible Hours
Starting a home-based business can enable women to bring up their children
and continue their working career, as these days not many couples can
survive on one wage. The flexibility of the working hours when running
your own business appeals to many and it is one of the main reasons
women give for starting their own business, and the rewards from your
own personal effort can be very satisfying. The internet has helped
many business owners realise their ambition to work from home and leave
the rat race commuting to and fro to work every day.
We can help you to find a loan to suit your business plan from a trusted
lender, who specializes in business loans - whether you are starting
up a new business or planning on expanding your existing business and
need investment to realise your entrpreneur dreams.
Grants for starting a business
Getting started
If you're a female entrepreneur then getting a business started in
the UK is much easier than it used to be. There is a wealth of help
and advice available on the internet and offline from both governmental
and voluntary sources. The government started a new scheme in 2006 to
encourage more female business startups. Some local authorities can
also offer business grants aimed specifically at helping women to start
their own business. There are generally two types of grants - a direct
grant or a repayable grant.
Getting a grant if possible, should be on every start-up's list of
objectives, but bear in mind that there may be conditions, such as a
grant being only available under specific circumstances. These circumstances
can vary but may include:
- Employment criteria - you may need to be unemployed or returning
to work to qualify.
- Location - grants may be available only if you are growing or starting
a business in certain areas, such as rural or inner city development
zones.
- Business type and size - grants may apply to a certain type and
size of business e.g. a start-up or a larger business needing to expand.
- Use of the money - often the grant is only available for a specific
purpose, such as new equipment or training rather than general business
expenses.
There is also often a limited supply of grant funding available in
any given financial period, so you may be in competition with other
businesses to gain funding from this source. Finally, apart from certain
small grants, grant funding does not generally cover all costs - you
will need to match funding from this source with your own or borrowed
money. There are also schemes that offer subsidised or free consultancy
to women business owners.
Loans for women in business
Most new businesses need to rent premises, buy stock or equipment,
advertise or pay staff, so finance at the startup is vital.
According to a recent survey, women are generally less successful at
obtaining business loans, despite being more reliable with paying the
loan back and achieving business success. This is in part due to women
having interrupted careers due to children and also not being as confident
as men. Unfortunately, this can result in affecting their credit history.
We can help you to find a trusted lender, who specializes in offering
business loans for women.
Find out more about the types of loan available for starting or expanding
your business.
Make it happen for you - achieve success on your own terms
by becoming your own boss.
More about a Business
Loan
Work from Home - What to watch out
for
Work at Home
 Loansite
is one of the longest established online business loan brokers in the
UK - we've helped many people find business loans and commercial mortgages
so why not let our lenders do the shopping around for you?
Don't worry if you've had bad credit or money problems - our panel
of lenders offer competitive rates, so fill in the fast enquiry form
below or talk to an advisor on 0800 043 7474 and find out how we can
help you get the business loan you want.
Loansite is a Limited
company based in Cardiff, UK. We are registered under the UK Data Protection
and Consumer Credit Acts.
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