The number of women-owned businesses has increased by 58% since 2007. Over 1,800 new women-owned businesses are launched every day, 64% of which are founded by women of color. The outlook for women-owned businesses is bright.
Sometimes your business needs an infusion of working capital to meet demand, surpass your competition, and continue to grow. Getting the funding you need from a traditional lender can be difficult, and many female entrepreneurs end up using credit cards to support their business. As an alternative lender, Thor Capital Group’s approval requirements differ from those of traditional lenders. With our streamlined application process, we can approve more small business loans for women, often in as little as one business day.