Why It’s SO Hard To Access Funding (And What I’m Doing To Fix It)

The Road to Seven

“Women access only 4% of the lending capital that is available.”

- Shelagh Cummins

Have you ever tried to access a loan, a line of credit, or a credit card for your company… and been turned down? Even if you were already successful? For women entrepreneurs (myself included), this is an all-too-common experience.

It’s a sad reality that many smart, ambitious, and capable female entrepreneurs struggle to access the funding they need to grow and scale their businesses. Even as women continue to found a significant number of micro- and small businesses, women entrepreneurs remain the most overlooked and undervalued sector of the economy by banks and investors.

At the Road to Seven Capital Inc., we are working hard to rewrite the rules of business financing for women through our Capital Access Program, which will provide women entrepreneurs with access to game-changing micro-loans ranging from $5k to $50k!

This episode dives into the dysfunctional loan application and approval process that many women struggle with as they seek funding from conventional sources — and how we are working to change things.

In‌ ‌this‌ ‌episode of the Road to Seven podcast,‌ ‌you’ll discover:‌ ‌

• Why and how the current loan application and approval process is broken — and what that means for women entrepreneurs
• A breakdown of how our Capital Access Program works and why it offers so much more than funding
• Why women entrepreneurs are an incredible investment

Highlights:‌ ‌

01:02 Intro

02:07 Why micro-loans?

03:39 Conventional sources of capital

05:43 Building a business on credit cards

07:15 Line of credit, payday loans & revenue

08:55 Statistics

10:15 Loan application & approval process

11:52 Capital Access Program

14:29 Why invest in women?

Links:‌ ‌

Capital Access Program

https://www.theroadtoseven.com/capital-access-program

To work with me and make your next power move, visit:

https://theroadtoseven.com

‌

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