Banks are another source of financing a business.  Most banks cater to all businesses without any focus to any specific group.  However, there are banks that offers programs for specific minority groups. If you are a women owned small business and you are looking for a bank that have a financial program geared towards you, women owned banks is a good place to start. 

Banks offers a variety of loans.  These loans include Lines of Credit, Commercial Real Estate Loans, SBA Loans, Term Loans, Equipment Loans, Business Acquisition Loans, Business Expansion Loans, Working Capital Loans, etc.  Loan amounts depends on the how much is being requested and how much the bank is willing to lend.

Below is a list of Women Owned Banks whose target audience is women owned small businesses.

Organization

Description

Industrial Bank  (D.C.)

Provides Term Loans, Commercial Real Estate Loans, and Faith Based Loans.  Based in D.C.

The Adams National Bank (DC)

Provides Lines of Credit, Term Loans, Commercial Real Estate Loans, SBA Loans and State Department of Transportation Minority Loans.  Based in D.C.

Trans Pacific National Bank (CA)

Provides Commercial Real Estate Loans, Lines of Credit, Construction Loans, Term Loans, Equipment Loans, Purchase Order Financing and SBA Loans.  Based in California.

WESST

Based in New Mexico with six regional sites.  They provide Small Business Loans to minority businesses.  However, their target audience is women.  They also  provide the training, consultation and technical assistance that help women small businesses obtain loans.