The New Bankrolls Behind Women's BusinessesLaurel Touby
Cynthia McGeever and Chrisanne Buba hardly fit the image of bad credit risks. Both women are highly educated, both have been vice-presidents at major banks--and they now run a profitable auditing company, Earnings Resource Group, with $400,000 in annual sales. Yet, when the Wayne (Pa.) partners approached lenders for expansion capital, their star-studded client list and 30% profits counted for little. The only financing they could get was a home-equity loan. "Some bankers didn't even give us a follow-up phone call," says Buba.
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