Access to capital

How to Close the Funding Gap for Female Entrepreneurs

Throughout Women’s History Month, we celebrate the economic, social and political contributions that women make to our world. Women account for roughly half of the American workforce, attain higher levels of education than men and are an increasing share of primary or solo breadwinners. There is no doubt that for America to thrive, we must promote the economic empowerment of women. Central to women’s economic success is women’s entrepreneurship, which contributes significantly to overall economic growth and prosperity.

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Chicago small businesses need better lending options

It’s difficult for most small businesses to obtain a loan. Just ask Margo Strotter, owner of Ain’t She Sweet Cafe, which now has two locations–one in Bronzeville and one in Beverly. 

When Margo was starting out she was her own bank, but she knew that wasn’t a long-term solution to her capital needs so she eventually sought help from traditional lenders. Unfortunately, those institutions were either unwilling or unable to help Margo.

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Small business owners make their voices heard on Capitol Hill at the Small Business Policy Forum

In today’s political climate, a lot of political leaders talk about wanting to help small business, but oftentimes don’t take their actual comments and concerns into consideration when working on key policy issues, like tax reform and healthcare. That’s why we tackled this challenge head on at Small Business Majority’s 2017 Policy Forum, which brought 50 small business leaders from around the country to our nation’s capital to discuss how to promote policy reforms that will help small businesses thrive.

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Finding access to capital gives party accessory supplier reason to celebrate

Alfredo Zendejas co-owns Accesorios Zendejas along with his wife, Leticia Sanchez, in Los Angeles, California. A true mom-and-pop enterprise, Alfredo and Leticia work together to design, create and deliver custom decorative pieces for quinceñeras, baptisms, weddings and other special occasions.

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Exploring alternative funding options: What is a CDFI?

Are you a small business owner looking for alternative funding options beyond a traditional bank loan? A CDFI loan might be the answer you’ve been looking for.

While traditional bank lending is down, organizations called community development financial institutions, or CDFIs, are stepping up to fill the void by focusing on supporting small businesses and local economies in a holistic way. So what is a CDFI?

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Financing tips for women entrepreneurs

Women-led small businesses have a tremendously positive impact not only within their own communities, but across the small business landscape nationwide.

Even so, many obstacles remain, particularly in the area of financing. Because adequate capitalization is vital in operating and growing a company, this is a challenge which must be faced head-on for the business to succeed.

Fortunately, there are a number of steps women entrepreneurs can take to address this issue and help ensure that it doesn't become a stumbling block.

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New event series will help entrepreneurs access financing to grow their small businesses

Access to capital is a major challenge for small business owners. Without adequate funding or access to reasonable loans, small businesses can’t grow and thrive – or even get off the ground in many cases. To help ensure entrepreneurs secure the funding they need to be successful, Small Business Majority has partnered with the VEDC in Los Angeles County to launch a new program providing access to capital education to small business owners.

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How one entrepreneur went from briefcases to cake pops

One D.C. entrepreneur made the rare decision to forfeit her high-paying career at a law firm and embrace her creative side by going into the kitchen and whipping up cake pops. That daring leap led Yael Krigman to open the area’s first-ever store dedicated to cake pops, a cakepoppery called Baked by Yael.

As a buttoned-up law firm associate, Krigman’s desire for a more lighthearted work environment began when she started a tradition known as “Monday Treats,” where she would bring in baked goods she made from scratch to counteract the doldrums of her office environment.

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Dr. Scott goes to Washington

When Monica J. Scott touched down in Washington, D.C. on May 11, 2015, she had no idea the magnitude of the event she was about to take part in.

Gathering at our nation’s capital for Small Business Majority’s inaugural Small Business Leadership Summit, Scott was a member of a group of the best and brightest small business owners who came to voice their opinions to policymakers, hoping to institute real change that would benefit the greater small business community.

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