For women business owners, capital finance can be just the beginning of a strong position within their industry. One of the key ways to develop a more solid community could be for women to find out for themselves which solutions work and then share them with their fellow female entrepreneurs in the same space.
This is one of the points in a recent Forbes piece about how women can help each other succeed in business. The idea of "sharing" applies here not just to simple resources, but time, existing network connections and anything else of value. In male-dominated spaces creating a clear template to follow can be useful.
" In male-dominated spaces, especially, creating a clear template to follow can be useful."
In a piece for the British resource Elite Magazine, Astus Group founder Frances Dickens touched on the subject of building on networks while still being "committed to your company."
The emphasis is still on creating a connection, and Dickens specifically encouraged women to look for other role models who are at the point they hope to reach themselves some day.
Neither of these articles specifically mention financial resources, but with the way that small business loans work, women owners can use effective programs to inspire others in the same space.
Growth Capital allows women entrepreneurs a choice of different loan programs, which may apply to you depending on your business focus. If you've never applied for one of these loans before, their versatility may surprise you. For example, the SBA 504 can work toward refinancing, and the qualified debt could include multiple loans.
Ohio entrepreneurs can investigate our different offerings to find the loan they're most eligible for, or in need of. Get more information by signing up for our mailing list here.