Posted: Jan 18, 2021 4:00 AM CT | Last Updated: January 18
Aspiring female entrepreneurs should think about their credit history
CBC News Manitoba3 months ago
8:09Priti Mehta-Shah remembers what building her corporate finance business was like in the early days and wants to share lessons that she learned with other women, like Lourdes Still who owns a flower farm in La Broquerie. This is the fourth in a series of conversations between iconic female leaders and the emerging entrepreneurs in Manitoba.8:09
Banks, government agencies and capital investors generally agree that women approach financing their business ventures differently from men.
The greatest difference is confidence with debt. The Women Entrepreneurship Knowledge Hub released a report in 2020 that says 83 per cent of women-owned businesses use personal sources of funding, and the are less likely than men to obtain other forms of financing, such as loans or investors.