Biz2Credit’s annual women-owned business study found that profits for women-owned businesses dropped 26% in 2021 from 2020, while average annual revenues dipped 4%. Additionally, the study found that operating expenses increased, which was the primary reason profits fell in 2021. read more

MAR 9, 2022 - 6:50 am

Small business loan approval percentages at big banks (more than $10 billion in assets) increased from 14.3% in December to 14.5% in January and approval rates at small banks (under $10 billion in assets) rose from 20.1% in December to 20.3% in January, according to Biz2Credit. read more

FEB 9, 2022 - 6:23 am

Small business loan approval rates at big banks (more than $10 billion in assets) increased from 14.2% in November to 14.3% in December, and approval rates at small banks (under $10 billion in assets) rose from 19.9% in November to 20.1% in December, according to Biz2Credit. read more

JAN 12, 2022 - 5:35 am

A new study from Biz2Credit that analyzed 2020 and 2021 industry trends among small businesses found that information technology firms received the most funding of any industry in terms of volume and the highest average amount of funding during the study time frame. read more

DEC 20, 2021 - 6:51 am

Small business loan approval percentages at big banks (more than $10 billion in assets) increased from 14.1% in October to 14.2% in November, according to Biz2Credit’s Small Business Lending Index. Meanwhile, small banks’ approval rates also rose from October’s figure of 19.7% to 19.9% in November. read more

DEC 9, 2021 - 6:29 am

According to a new study from Biz2Credit, businesses in the financial services and insurance industries have recovered the fastest from the effects of the COVID-19 pandemic compared with other industries. read more

NOV 19, 2021 - 6:42 am

Small business loan approval percentages at big banks (or those with $10 billion or more in assets) increased to 14% in September. Meanwhile, approval rates at small banks rose to 19.5% in September from 19.3% the month before, according to Biz2Credit.   read more

OCT 13, 2021 - 6:21 am

Small business loan approval percentages at big banks jumped from 13.8% in July 2021 to 13.9% in August. Meanwhile, small banks’ approvals also rose from 19.1% in July to 19.3% in August, according to the latest Biz2Credit Small Business Lending Index. read more

SEP 15, 2021 - 6:05 am

According to Biz2Credit’s latest Small Business Lending Index, small business loan approval percentages at big banks (more than $10 billion in assets) jumped from 13.6% in June to 13.8% in July, reaching the same percentage as last July. read more

AUG 11, 2021 - 6:42 am

Small business loan approval percentages at big banks (or those with more than $10 billion in assets) climbed slightly from 13.4% in April to 13.5% in May, according to the latest Biz2Credit Small Business Lending Index. In addition, approvals at small banks jumped from 18.2% in April to 18.7% in May. read more

JUN 9, 2021 - 6:48 am

Small business loan approval percentages at big banks (or those with more than $10 billion in assets) dipped slightly to 13.4% in April from 13.5% in March 2021, according to Biz2Credit. Similarly, approvals at small banks dropped to 18.2% in April, which was down from 18.3% in March. read more

MAY 12, 2021 - 6:30 am

Small business loan approval percentages at big banks (more than $10 billion in assets) rose slightly to 13.5% in March from 13.3% in February 2021, according to the Biz2Credit Small Business Lending Index. read more

APR 14, 2021 - 6:30 am

The annual Biz2Credit Women-Owned Business Study found that although revenues dropped for women-owned firms in 2020, their earnings grew. However, the average loan size for women-owned businesses was 33% lower than the average loan size for businesses owned by men. read more

MAR 26, 2021 - 7:10 am

Small business loan approval percentages at big banks ($10 billion or more in assets) increased slightly to 13.2% in January 2021 from December 2020’s figure of 13.1%, according to Biz2Credit. In comparison, in January 2020, big banks approved a record high of 28.3% of the funding requests they received. read more

FEB 10, 2021 - 6:55 am

Now that new COVID-19 relief has been signed into law by President Donald Trump, fintech company Biz2Credit has begun taking ‘pre-applications’ for the new round of the Paycheck Protection Program. read more

DEC 30, 2020 - 7:20 am