Released on = November 21, 2006, 12:18 am

Press Release Author = Angelo Drew

Industry = Financial

Press Release Summary = A hard-hitting fact has surfaced as a result of this
research. Gender bias does prevail when UK bank officials offer business loans to
women entrepreneurs.

Press Release Body = The latest findings of an extensive research done at the
University of Glasgow and University of Stirling are quite astonishing.
The research was conducted to:
. determine the impact of gender on the lending decisions of a UK bank
. study the experiences and perceptions of existing business owners of both sexes
regarding lending of business loans by UK banks

A hard-hitting fact has surfaced as a result of this research. Gender bias does
prevail when UK bank officials offer business loans to women entrepreneurs. The bank
officials show reluctance in sanctioning business loans to women borrowers. This
hinders women entrepreneurs from starting up a business.

It is very surprising that such gender bias exists despite the public policy
initiatives undertaken in the UK in recent years for increasing female
self-employment. Only 15 per cent of the total UK businesses are owned by women and
the share of self-employed women has not changed from the stagnant 26 per cent in 15
years.
The general perception is that women possess less human and social capital prior to
setting up their businesses than men. So, banks perceive more risk while giving loan
to women entrepreneurs.


Web Site = http://www.adverse-credit-business-loans.co.uk/

Contact Details = Shakespeare Finance Ltd.
11, Parade House
135, The Parade High Street
Watford
Hertfordshire
WD17 1NS
0800-097-3654