Wells Fargo Plans To Lend More To Women-Owned Firms

POTTSTOWN PA – Wells Fargo Bank – which operates branch offices locally in Pottstown, Limerick, Boyertown, Collegeville and Phoenixville – thinks a substantial portion of future business will come from women.

Bank representatives on Friday (March 8, 2013) said it planned to lend a total of $55 billion to women-owned businesses by 2020. During the past 18 years it has already lent more than $38 billion to women business owners, the Philadelphia Business Journal reported. “Women-owned businesses are among America’s fastest growing segments,” said Lisa Stevens, Wells Fargo’s lead executive for small business.

Like what you read? Get even more of it, free. Subscribe to The Post.