2019 Trends in Women and Small Business
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.
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.