Business Women in Pittsburg, PA Seek Pat Gage`s Advice for getting Business Lines of Credit
Released on: July 1, 2008, 1:49 am
Press Release Author: Pat Gage
Industry: Financial
Press Release Summary: Lines Of Credit Provide Excellent Source of Business Financing For Women Entrepreneurs
Press Release Body: Women-owned businesses make up the fastest growing sector in the small business community. Women ran businesses run the gamut of business services, consulting, small retail and some of largest companies in United States.
While distinguished by their ownership, women-owned businesses face the same challenges as any other company. One of the biggest challenges is getting capital for business startup and ongoing operations. According to a study published by the Small Business Administration (SBA), more than 18 percent of all businesses owned by women used a line of credit as a source of funds. More than 30 percent of small women-owned firms organized as a regular or an S-corporation received financing through a line of credit.
As revenues increase, even more women entrepreneurs turn to a line of credit to fund their businesses. For women-owned corporations with $500,000 to $1 million in revenue, more than 50 percent used a line of credit as a funding source. How can women business owners get a line of credit?
Pat Gage, The Opportunity Creator, and a leading expert in the field of business credit has helped a number of clients target his specialty, starting, expanding, and growing their businesses through his trademarked 10 Steps to Money System. The Opportunity Creator is not only a sought after business credit coach but also a national speaker. For more information on any topic discussed, visit Gage's site at http://www.10stepstomoney.com Contact:
Destiny Now, LLC 33006 7 Mile Road Suite 423 Livonia, MI 48152
2022
