Abstract: Most of the women entrepreneurs are not willing to take financial aids from formal financial institutes due to lack of access and it has been a major barrier to the development of the sector. Hence, this study is focus to find the factors which affect on women entrepreneurs’ access to finance. Then, the study conducted through firms which have been registered under Colombo, Gampaha and kaluthara district’s Chamber of Commerce and Industry. A structured questionnaire was designed and administered to collect the data. The results from the study reveal that women entrepreneurs’ access to finance is highly affected by the firm characteristics, and policies and procedures.Therefore, formal finance institutes, should more close to women entrepreneurs’ firms, should reduce their processes and pre requirements when issuing credit and the repayment procedures should also be easy to women entrepreneurs’ firms.