Loading...

Women-Owned Businesses Surge: Trends and Challenges in Accessing Credit

Published: September 30, 2024 by Marsha Silverman

Insights from the 10/1/24 Commercial Pulse Report

Commercial Pulse Report by Marsha Silverman

I’m excited to share the current Experian Commercial Pulse Report with you. I have the opportunity each week to analyze data on the millions of U.S. small businesses in Experian’s database and discover actionable insights that benefit our clients. Making these discoveries is rewarding work, and we utilize these insights to guide our recommendations. I thought I would share what I am watching through Experian’s bi-weekly Commercial Pulse Report (just bookmark the link; we will update it on a bi-weekly basis).

Watch our Commercial Pulse Update

Women entrepreneurs thrive

In this week’s report, we take a closer look at the burgeoning population of Women-owned businesses. Did you know women are making a living being self-employed at higher rates than men? In the current economic climate represent a larger proportion of newer businesses. This trend is evident as women own a higher percentage of businesses that are 3-5 years old and under 3 years old. In contrast, more established businesses are predominantly owned by men, indicating a shift over time as more women start their own ventures. One challenge for women-led businesses is accessing traditional lending products, as newer businesses appear riskier. Consequently, women are more likely to rely on credit cards with lower limits than their male counterparts.

What I’m watching:

  • Women are self-employed at higher rates than men, making up a larger share of new businesses.
  • The Federal Reserve’s recent half-point rate cut suggests they no longer see high rates as necessary to combat inflation.
  • Despite a slight weakening, labor market remains strong, with more employment, lower participation, and more vacancies than pre-pandemic.
Credit Signals in Construction: Early Warnings for Lenders and Risk Leaders

This week Experian focuses on the growing construction industry and early warning risk signals for lenders and risk managers.

Sep 15,2025 by Gary Stockton

From Stagnation to Transformation: How Small Businesses Have Changed Since the Pandemic

Discover how small businesses have transformed since the pandemic, from digital adoption to growth resilience, in Experian’s latest report.

Sep 03,2025 by Gary Stockton

Student Loan Debt’s Growing Impact on Small Business Credit Health

Experian Commercial Pulse Report – Business owners with unpaid student loans carry a higher risk for lenders.

Aug 18,2025 by Gary Stockton

Commercial Insights Hub

Follow Us!

Subscribe to our blog

Enter your name and email for the latest updates.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

About this blog

The latest insight, tips, and trends on all things related to commercial risk by the team at Experian Business Information Services. Please follow us on social media.

Stay informed by subscribing to this blog

Sign up for email notifications when new content has been published by Experian Business Information Services.
Sign Up