Biz2Credit released its monthly Small Business Earnings Report for December 2024, which revealed the average monthly earnings was $83,083 in 2024, a year that saw a long, steady increase in average month expenses, while revenues fluctuated. read more
JAN 17, 2025 - 5:44 am
Biz2Credit unveiled its Small Business Earnings Report, which examines revenue growth (monthly and year-over-year average), expenses and estimated earnings and profitability (measuring how much profit businesses are earning) of small businesses. read more
DEC 30, 2024 - 5:53 am
BizEquity, a cloud-based platform that provides business valuation services, partnered with Biz2Credit, an online small business funding platform, to launch financing options through an embedded financing solution within the BizEquity platform. read more
DEC 20, 2024 - 5:30 am
Biz2Credit’s 2024 Top Small Business Industries Study found that manufacturing companies achieved the highest average revenue ($1.2 million), the highest average credit scores (676) and had the longest established businesses (oldest average age of business, 8.8 years). read more
NOV 22, 2024 - 5:46 am
The 2024 Biz2Credit Top 25 Cities for Small Business Study identified San Jose, California, as the top city for small businesses in its annual financial analysis that used data from 2023. The other top 5 cities are: San Francisco, CA; Colorado Springs, CO; Seattle, WA; and Greater Bridgeport, CT. read more
MAY 15, 2024 - 5:53 am
According to Biz2Credit’s Women-Owned Business Study, earnings for small businesses owned by women remained steady in 2023 while average annual revenue for businesses owned by women increased 15.5%. read more
MAR 7, 2024 - 7:00 am
The latest Biz2Credit Small Business Lending Index reported that small business loan approval percentages at big banks stalled for the first time since June (remaining at 13% in November), while small banks approval percentages continue to rise (up 0.2% from October to November). read more
DEC 13, 2023 - 6:57 am
Small business loan approval percentages at big banks (more than $10 billion in assets) decreased again from 13.1% in September to 13% in October, according to the latest Biz2Credit Small Business Lending Index. read more
NOV 9, 2023 - 7:00 am
Small business loan approval percentages at big banks ($10 billion or more in assets) fell again, dropping from 13.2% in August to 13.1% in September, according to the latest Biz2Credit Small Business Lending Index. read more
OCT 11, 2023 - 6:34 am
Average annual revenue for Latino businesses increased by 23.1% in 2022 – 2023 over the previous 12-month period, according to the annual Biz2Credit Latino-Owned Business Study. read more
SEP 22, 2023 - 6:53 am
Small business loan approval percentages at big banks (more than $10 billion in assets) fell from 13.3% in July to 13.2% in August, according to the latest Biz2Credit Small Business Lending Index. Big bank lending to small businesses has now dipped every month since June 2022. read more
SEP 12, 2023 - 7:12 am
Small business loan approval rates at big banks (more than $10 billion in assets) dropped from 13.4% in June to 13.3% in July, according to Biz2Credit’s Small Business Lending Index. Meanwhile, approval rates at smaller banks and non-bank lenders increased. read more
AUG 9, 2023 - 6:52 am
According to the latest Biz2Credit Small Business Lending Index, small business loan approval percentages at big banks stayed at 13.4% in June. Meanwhile, small banks experienced increased approval percentages for the first time since January, going from 18.7% in May to 18.8% in June. read more
JUL 13, 2023 - 7:09 am
According to the latest Biz2Credit Small Business Lending Index, small business loan approval percentages at big banks dipped from 13.5% in April to 13.4% in May. Meanwhile, approval ratings at small banks remained at 18.7%. read more
JUN 7, 2023 - 6:50 am
Biz2Credit and CPA.com introduced a new SBA 7(a) lending option to the CPA Business Funding Portal, a cloud-based platform that supports accounting firms in securing business financing options for clients. read more
MAY 30, 2023 - 7:04 am