May 2004
Intermediate to advanced
304 pages
7h
English
book
Clearing the Hurdles: Women Building High-Growth Businesses
by Candida G. Brush, Nancy M. Carter, Elizabeth J. Gatewood, Patricia G. Greene, Myra M. Hart
Content preview from Clearing the Hurdles: Women Building High-Growth Businesses
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52 CLEARING THE HURDLES: WOMEN BUILDING HIGH-GROWTH BUSINESSES
businesses—have made the process of securing commercial bank
credit accessible to women on the same terms available to men.
12
Chase and Danielson made use of business credit in their
start-up phase. They structured debt agreements with pri-
vate lenders and secured lease agreements for the fleet of
cars they needed. They also sought venture capital and
approached banks for commercial loans.
Equity
Outsiders who purchase equity in a new business have an ownership
share in the venture. These investors expect to receive a substantial
share of the wealth created by the enterprise (profits or proceeds of a
sale) and many expect to play a meaningful role in the governance of
the company. Early-stage ...
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