Half of women business owners rejected for a loan, survey finds

One business owner said she felt women can be perceived as less serious professionals than their male counterparts.

Half of female entrepreneurs have been turned down for a loan to fund their new business, putting pressure on the Government’s ambitions to boost Britain’s economy, according to new research (Joe Giddens/ PA) (PA Wire)

Half of female entrepreneurs have been turned down for a loan to fund their new business – putting pressure on the Government’s ambitions to boost Britain’s economy, according to new research.

Some women business owners called out being viewed as “part-timers” because they have children or perceived as less serious professionals than their male counterparts.

Some 53% of women across the UK admitted that having limited access to finance has made it challenging to start their own firms, financial platform Tide found in a survey of its members.