Women business owners have more trouble obtaining loans than do their male counterparts because they tend to operate businesses with lower profit margins, according to a report released Wednesday.

Analyzing data from nearly 14,000 loan applicants in the second half of last year, the firm Biz2Credit found that loan approval rates for women-owned small businesses were, on average, 15% to 20% lower than approval rates of male applicants.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.