More than 60% of entrepreneurs under the age of 35 finance their business ventures with their own savings, according to a study by the Young Entrepreneurs Network.

"They feel intimidated by banks, and no bank has reached out to them," said Jennifer Kushell, president of the Boston-based trade group.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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