Time’s up on unequal financing for women business-owners

In researching this piece, I went on the Aboriginal Women’s Business Entrepreneurship Network website and clicked on their videos on how to obtain financing. They advise women to use their own personal savings to start their businesses as well as to borrow from friends and family. Bank loans, overdrafts and credit lines are, not surprisingly, a distant third option, sometimes because women lack credit histories or are discriminated against in their credit scoring. In OECD countries, only 26% of women believe they would be given access to the necessary finance to start or grow a business, against 34% of men. More...