MENU

2019 Trends in Women and Small Business

March 9, 2019

LendingClub’s second survey of more than 2,700 small business owners with our partner, Guidant Financial, reveals how female entrepreneurs and small business owners increasingly differ from their male counterparts.

Top Findings for Women in Small Business

Key findings include:

  • Nearly 3 out of 4 (72 percent) female small business owners have pursued higher education compared to 64 percent of their male counterparts
  • Black women are 40 percent more likely to be entrepreneurs than African American men (22 percent of females compared to 13 percent of males)
  • Women are 48 percent more likely to be concerned about the effects of the political climate than men.

The infographic below details our key findings from surveying women in small business:

To learn more about who female entrepreneurs are and what’s driving them, please download our white paper here.

If you’re a business owner looking for capital to invest in your business, we encourage you to consider a business loan through LendingClub. It takes just a few minutes to get a quote, there’s no cost, and no impact to your credit score to apply.

You May Also Like

Borrowing

APR vs. Interest Rate: What’s the Difference?

A loan’s interest rate is not the same as it’s APR. Knowing the difference can save you money.

Read More
Borrowing

Can Remote Work Pay Off for You?

Many workers have found remote work has benefits they can’t ignore, particularly when it comes to your mental and financial health.

Read More
Borrowing

How to Get Approved for a Car Loan in 5 Steps

Buying a new car is exciting—but getting a car loan is not. These 5 simple steps can make the process as painless as possible.

Read More

How much do you need?

$
Enter up to $40,000
Change Your Money, Change Your Life
Join our monthly newsletter for tools, tips, and insights to improve your financial health.