On International Women’s Day Rohit Arora, the CEO of Biz2Credit, writes on CNBC.com that the number of women-owned businesses applying for funding in 2018 increased by 13% over the previous year; but the average loan size for these businesses was 31% less than their male counterparts; they conducted a study of 30,000 companies in 20 industries; the number of women-owned businesses has increased 114% in the past two decades, for women of color that increase is 467%; revenue at women owned businesses increased 13% in 2018 compared to 7% at male-owned businesses although total revenue still lagged significantly for women-owned businesses. Source.
