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
Small business loan approval rates at big banks slipped again in April, falling from 13.8% in March to 13.5% in April, according to Biz2Credit’s Small Business Lending Index. read more
MAY 9, 2023 - 7:07 am
According to Biz2Credit, small business loan approval percentages at big banks slipped again, falling from 14.2% in February to 13.8% in March, the lowest figure for big banks since July 2021. read more
APR 12, 2023 - 7:04 am
According to the latest Biz2Credit, small business loan approval percentages at big banks slipped again in February, falling from 14.4% in January to 14.2%. This marks the ninth consecutive month in which big bank approval percentages have declined. read more
MAR 15, 2023 - 7:01 am
Biz2Credit will release its annual women-owned business study on International Women’s Day (March 8). Biz2Credit will also host an online forum with U.S. Rep. Sharice Davids from 2-3 p.m. EST. read more
MAR 3, 2023 - 7:03 am
Small business loan approval percentages at big banks slipped again, falling from 14.5% in December to 14.4% in January 2023, according to the latest Biz2Credit Small Business Lending Index. However, approval rates at small banks and non-bank lenders improved. read more
FEB 8, 2023 - 7:00 am
Main Street Alliance, a nonprofit organization that works with small businesses across the United States to create an equitable economy, is partnering with Biz2Credit to provide working capital and other commercial financing solutions to its business owner members. read more
JAN 24, 2023 - 7:13 am
According to a new study from Biz2Credit, during the recent period of highest inflation, the average monthly expenditure of small businesses fell by 5% from $11,401 in Q1/22 to $10,884 in Q3/22. read more
JAN 20, 2023 - 6:44 am
According to the latest Biz2Credit Small Business Lending Index, small business loan approval percentages at big banks fell from 14.6% in November to 14.5% in December and tied with January’s lowest monthly approval rate in 2022. read more
JAN 11, 2023 - 7:24 am
According to Biz2Credit’s Small Business Lending Index, small business loan approval percentages at big banks dropped from 14.7% in October to 14.6% in November, marking the second lowest monthly percentage in 2022. read more
DEC 14, 2022 - 6:45 am
A new study published by Biz2Credit found that information technology (IT) firms had the highest average revenue ($955,793) and the best average credit score (658) and received the highest average amount of financing ($131,743) when they sought credit in 2021. read more
NOV 16, 2022 - 7:04 am
According to the latest Biz2Credit Small Business Lending Index, small business loan approval percentages at big banks dropped from 14.9% in September to 14.7% in October, marking the lowest total since February. read more
NOV 11, 2022 - 7:25 am
Biz2X introduced the new Ascend edition of its platform last week at the Money 20/20 conference in Las Vegas. This edition of the Biz2X platform brings even more capability to Biz2X’s business lending platform and is now available to banks and lenders across the United States. read more
OCT 31, 2022 - 7:03 am
Small business loan approval percentages at small banks (less than $10 million in assets), institutional lenders, alternative lenders and credit unions increased in September compared with August, while approvals at big banks (more than $10 million in assets) declined, according to Biz2Credit. read more
OCT 12, 2022 - 7:08 am
According to the latest Biz2Credit Small Business Lending Index, small business loan approval percentages at big banks (more than $10 billion in assets) dipped from 15.3% in July to 15.1% in August but rose at small banks from 21.2% in July to 21.4% in August. read more
SEP 14, 2022 - 7:40 am