According to a survey from Balboa Capital that asked small business owners about their Small Business Administration (SBA) loan borrowing practices and volumes in 2022, 31.25% of small business owners applied for SBA loans in 2022 and 61.9% of SBA loan requests were approved. read more
JAN 19, 2023 - 6:56 am
According to a survey from Balboa Capital, 82% of small business owners plan to use Section 179 of the Internal Revenue Code to deduct the cost of qualifying equipment purchased or financed in 2021. read more
DEC 22, 2021 - 6:19 am
According to a survey from Balboa Capital, six in 10 small business owners said their business is performing better in 2021 than it did in 2020 and 43% said they experienced increased revenues during the first three quarters of 2021. read more
OCT 6, 2021 - 5:43 am
According to Balboa Capital’s Q2/21 Small Business Owner Survey, half of small businesses experienced increased revenues in Q1/21 and seven in 10 small business owners expect their companies to perform better in 2021 than they did in 2020. read more
APR 30, 2021 - 6:59 am
According to the results of Balboa Capital’s Small Business Trends for 2021 Survey, the use of e-commerce, mobile payments, cloud software and remote work are four business trends that are likely to continue being embraced by small business owners in 2021. read more
FEB 3, 2021 - 6:53 am
Balboa Capital reported an increase in capital equipment investments by small business owners who want to take advantage of the current Section 179 tax deduction before it expires on Dec. 31, 2020. read more
DEC 1, 2020 - 7:32 am
According to a new survey from Balboa Capital, 53% of small business owners experienced decreased revenues in Q2/20 and Q3/20 compared with 18% in the previous two quarters. Conversely, 54% of small business owners expect increased revenues in Q4/20, an increase of 7% from previous survey results. read more
OCT 14, 2020 - 6:56 am
According to a Balboa Capital survey, eight in 10 small businesses are embracing remote work models. Additionally, business leaders whose companies have remote workers reported improved business outcomes, increased employee engagement and reduced overhead costs. read more
AUG 7, 2020 - 7:38 am
Balboa Capital’s nationwide survey results revealed seven in 10 small business owners expect decreased revenues during the first six months of 2020, and 66 percent have put their Q2 investment plans on hold. read more
APR 10, 2020 - 6:40 am
Balboa Capital awarded the $1,000 grand prize of its 2019 Small Business Week Contest to Sharon Zelinko, a retired nurse and founder of Gripsors, which sells medical bandage scissors designed by Zelinko. read more
JUN 7, 2019 - 6:50 am
Direct lender Balboa Capital will celebrate National Small Business Week by inviting small business owners to participate in the company’s “What’s the Big Idea?” contest and by providing them with access to helpful tips and resources. read more
MAY 2, 2019 - 6:40 am