Female entrepreneurs may face a number of challenges when setting up a business, such as societal and gender stereotypes and biases, a lack of support and role models, and a limited network. However, many also have to jump through more hoops to access financial help, compared to their male counterparts.
That's according to a recent report by finance broker Swoop Funding, which analysed more than 50,000 UK businesses. It revealed that male-led companies have 12 times more business debt than female-led ones, at £9.5bn (€11.2bn), versus £769m (€904.7m).
