Pillars of Franchising magazine - Issue 3 February/March 2022

Page 12

Funding

Unique Funding Challenges

AND

Tips for Women Entrepreneurs

by Kelly Krueger

W

ould you believe that not too long ago, women were not allowed to obtain a business loan in the United States without a male relative co-signor? The Women’s Business Ownership Act of 1988 changed that, thereby allowing women to take out business loans in their own name.

12 Pillars of Franchising

Would you believe that not too long ago, women were not allowed to obtain a business loan in the United States without a male relative co-signor?


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