As an entrepreneur, Candace Klein, founder and CEO of SoMoLend, knows the pain of being on the hunt for money when it’s scarce. While things have loosened up a bit since the financial crisis began, financial institutions, such as banks, are still tight-fisted.

Why Women Entrepreneurs Should Go with the Crowd

by Geri Stengel on Feb 7, 2013 - 12:20am

Commentary / Opinion crowdfunding JOBS act Small Business small business financing Trends women entrepreneurs Women Entrepreneurship

Women-owned firms start and grow businesses with substantially less outside financing, according to a Department of Commerce survey of women-owned companies across the U.S. That helps to explain why the average women-owned business has 25% lower revenue than the typical male-owned firm in the same industry.