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In what year were women in the US first enabled to get a business loan without the signature of a male relative?

ngpf.org 3/5/25

Q:

Entrepreneurship

QUESTION OF THE DAY

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A:

QUESTION OF THE DAY

Entrepreneurship

1988 after HR 5050: Women's Business Ownership Act was signed

Source: Forbes

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FOLLOW-UP QUESTIONS

  1. What might be the impact of expanding access to business loans?
  2. Which women do you think would have had the most access to business loans before/after HR 5050?
  3. Where do you see similar disparities in business today? What increased access would you like to see?