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Women Mean Business

March 4, 2014 | Small Business Loans

Women entrepreneurs are getting their share of attention this week as we approach International Women’s Day International Women's Day logoMarch 8.  New research shows that the number of women-owned small businesses has grown 59 percent since the late 1990s.  According to financial research firm NerdWallet, California can claim three cities (San Francisco, San Jose, San Diego) that rank in the top 15 in terms of percentage of women-owned businesses.

CDC Small Business Finance has approved $1.5 billion in total financing for women-owned companies buying their own buildings, and over $33 million in other SBA loans for women entrepreneurs.  Some 34% of CDC loans go to businesses owned by women, minorities and military veterans.

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