Business Loans for Women
Expedited financing for women-empowered business.
Borrow As Needed
Our business loans for women are on-demand extension of your cash flow.
Flexible & Renewable
We provide same-day renewals and early pay off discounts for reduced interest.
Pay Only if Used
Get the entire amount needed in one-shot or use as needed. Secured options available.
Business loans for women
New York Tribeca Group supports women owned businesses by providing business loans for them. We take pride in helping female entrepreneurs obtain the funding they need to grow and evolve their businesses through our different programs such as short term funding, business lines of credit, corporate funding, and unsecured working capital.
Arriving at the position to take on the next step and find funding for your business can be both exciting and intimidating. If you’re a woman launching but feel overwhelmed financially, NYTG is here to make sure that you’re set up for success.
Woman-owned business loans: Helping empower women everywhere!
It takes just 5 minutes to fill out your application and just a few hours to get offers!
We help you compare your options with ease and always work to get you the most favorable terms.
Our advisors will make sure that the product you have chosen will suit your business needs best.
How to qualify for women-owned business financing
We want to help empower women entrepreneurs strive for success. We’ll get you get the right financial products you need.
Here’s what you’ll need to qualify:
- 3+ months in business
- $110K+ annual revenue
- 550+ credit score
Women Need Business Loans
It is well-known that when it comes to women, they have to hustle harder than men to be respected in the work industry. As women continue to level the playing field and shine as successful leaders, they need allies along the way to help reach their goals. By funding women owned businesses, New York Tribeca Group can help alleviate the financial stress that may arise.
Women need business loans, business lines of credit, microloans, SBA loans, short term and funding, just like men. Although the amount of female owned businesses are growing, women are still considered a minority in the business world. Financial assistance from New York Tribeca Group can help provide the necessary support to beat out competitors and help businesses thrive.
Is My Woman Owned Business Ready For More Money?
No matter how long you’ve been in business, your company will likely need additional financing from a lender o in order to achieve its growth goals. Instead of straining cash flow and using profits to cover the cost of an investment in expansion or a gap in payroll, funding from an outside source like New York Tribeca Group can help you stock up on inventory, invest in marketing, purchase or repair equipment and cover many other business needs, many of which arise unexpectedly.
When determining if your business is ready for funding, evaluate your balance sheets to see how an influx of additional working capital could put you in a position to pay back the funding received plus interest and see long-term profit after the project is funded. New York Tribeca Group is growth focused, and we are proud to be a reliable source of increased cash flow for your woman owned business.
What You Will Need
When your business is ready for additional cash flow, you will need several documents and scores. Most lenders and funders will want to see the following:
- Minimum credit score of 500, sometimes 600
- Minimum one year in business
- 4 months business bank statements
- No recent bankruptcies or defaults
- Majority ownership of the business
- Minimum $30,000 in gross monthly revenue, sometimes more
It’s always best to apply for funding when your business is healthy, before you need it, rather than waiting until your cash flow is slow and appears to pose a risk. If you’re applying for a bank loan, you’ll need to apply months, even years, in advance before you need it as approval takes a long time. You will also need a higher credit score closer to 700, strong revenue and deposits and collateral to sign. If you don’t have time to wait for paperwork, the speed of online funding is likely your best option.
Why Do So Many Women Owned Business Fund With Us?
Many women choose to repeatedly work with New York Tribeca Group to meet their business funding needs because they are able to do business with transparent funding specialists. All NYTG employees are eager to help you reach the goals you envision for your company by providing attentive communication, one-on-one counseling and extensive industry knowledge.
Having smooth cash flow during a growth period or seasonal peaks and dips is one less stress to worry about out of the many a business owner encounters daily. Without overleveraging your business, NYTG examines your individual business to create a personalized funding program for your company.
New York Tribeca Group is an online lender, which means we can process your application ias soon as it’s received and you can see the money in your account in a matter of days, sometimes hours if we get your paperwork back quick enough! If you need money fast, you can say goodbye to waiting around for months for a bank loan and get next-day funding with us.
Which Type Of Financing Is Right For My Woman Owned Business?
Many business leaders seek a business loan given the lower interest rates compared to other financing options. An important factor to consider is timeliness. Do you need the funds now or can you wait upwards of a year for approval? Do you need a long term loan spanning 10 years, a short term funding for 12 months, or continuous revolving credit for long term spending? Can you not afford to payback interest and maybe a grant or crowdfunding would be better?
New York Tribeca Group offers standard industry funding programs such as first position funding, consolidation and buyouts and business lines of credit. We flexible with are offers and will give you the best offer we can with repricing available. As we continue to develop new, proprietary programs to better meet our merchants’ needs, our clients’ need always come first. To learn more about how our programs can help women better their business and drive revenue, call today to speak with a funding specialist.
What Industries Use Small Business Loans For Women?
New York Tribeca Group provides minority business loans and funding options to a variety of industries. Our top industries to fund are medical, manufacturing and retail. Here is a list of others:
- Auto repair
- Wine and liquor
- Property Managers
- Child Care
How Can I Use Working Capital For Women?
Taking on debt through acquiring funding is a necessary part of growing with the economy. Whether it’s a small business loan for women, a grant targeted for women, or funding just for women, the boost in cash flow can be put into various different outlets that create a greater return on investment.
- Expansion: Opening a new location, remodeling or adding on to your current infrastructure is an excellent investment that will increase profits long after the funding is completed.
- Marketing: A few online ads, banners or billboards can go a long way. Reaching your customers through print and digital advertising can drive traffic for months to come.
- Inventory: Many businesses struggle to find the funds to stock up on inventory before a seasonal rush, such as holiday gifts for retail or machinery parts for manufacturing. Don’t miss out on future profits or major clients for a lack of ability to prepare!
- Equipment: Every business has that one piece of equipment that’s just barely hanging in there and is costing more trouble than it’s worth. Upgrade what you have or purchase new equipment and see the larger clients you can attract!
- Payroll: In the world of business collaboration, one company is often stuck waiting on their client to pay an invoice in the chain of production which puts a strain on payroll for the owed company’s employees. Don’t let your budget suffer, get bridge funding until the invoice is paid or the bank loan kicks in.
About New York Tribeca Group Business Loans For Women
New York Tribeca Group is always looking to partner with like-minded, hard working individuals. Female business owners need cash flow and often encounter difficulty finding it from venture capitalists. New York Tribeca Group is proud to finance women owned businesses and help diversify the business leader world. By choosing New York Tribeca Group as your partner, you’re gaining a long term ally for your business success. We are a Fintech company with flexible terms rates and programs customized to your unique cash flow. If you’re a female business owner looking for a quick solution to meet your immediate capital needs, give us a call or fill out our online application. We help businesses of all sizes in a variety of industries to reach their goals and expand to bigger and better companies.
Got some questions?
Made specifically for women-owned businesses, this financing option is meant to provide a cash flow for small businesses.
Many business owners use it to cover payroll gaps, maintenance fees, and expansion.
To qualify for a women-owned business, the business must be 51% owned by a woman.
You are the owner of your business which means it’s your responsibility to make sure your business is in the best shape possible. Even when obtaining financial support, lenders want to be sure that you are a good candidate for their services.
Having the minimal requirements or better is important and is already first step of getting the approval you need. The healthier your business status is, the better chances you have at getting the best deal possible.
Our online application only takes 5 minutes to fill out.
Upon applying, be sure to have your proper documentation ready to go.
Yes. Women who own 51% or more of a company can qualify for both because women are considered a minority group.