"2024 Sees Surge in Loan Approvals and Amounts for Women-Owned Businesses"

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Women-owned businesses in the U.S. are flourishing, with 14.5 million firms comprising 40% of all businesses. Employing 12.2 million, they generated $2.7 trillion in revenue. The average funding rose to $67,035, while annual revenue increased to nearly $520,000, despite rising expenses due to inflation impacting all business owners.

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