Small Business Related Content

CIT Direct Capital Hits $4B in Originations; Portfolio Over $1B

CIT Group’s Direct Capital has provided more than $4 billion in equipment financing and working capital loans to more than 100,000 small businesses since its inception in 1993. read more

PayNet: Small Business Borrowing Slips 1% in March

Reuters reported that the Thomson Reuters/PayNet Small Business Lending Index fell 1% in March to a reading of 134. read more

U.S. Bank Survey: Times Are Good for Small Business Owners

According to a U.S. Bank annual survey, small business owners expressed more optimism than in any time during the eight-year history of the report. read more

ELFA Highlights Reasons for Small Businesses to Finance Equipment

During National Small Business Week, the ELFA is sharing reasons why U.S. businesses — nearly eight in 10 — finance equipment. read more

Fifth Third Bank, Accion Partnership Fuels Small Business Growth

Fifth Third Bank announced an investment and expanded partnership with the Accion U.S. Network to support lending to underserved small businesses. read more

SBOs Optimistic About U.S. Economy, Concerned About Driving Profits

According to a study by Balboa Capital, small business owners are concerned about their ability to drive profits and secure growth capital, but are otherwise feeling optimistic about the future. read more

Policy Uncertainty Keeps Small Business Borrowing Down Y/Y

According to Reuters, citing data from PayNet, small businesses borrowed more in February than the previous month, but less when compared on a year-over-year basis. read more

Canadian Small Business Lending Slides Back in January

According to Reuters, citing data from PayNet, small business lending in Canada lowered in January. read more

Balboa Survey Says 83% of SBOs Will Use Tax Refunds for Business Expenses

According to Balboa’s survey, 40% of small business owners surveyed expect to receive a business tax refund and, among them, 83% plan on putting it toward business-related expenses and initiatives. read more

PayNet SBLI Registers First Y/Y Increase Since May

The November release of the Thomson Reuters/PayNet SBLI increased 8% month-over-month and 2% compared to November 2015, marking the first year-over-year increase since May 2016. read more

PayNet Expects Improved Small Business Investment Post-Election

According to PayNet’s Q3/16 Small Business Credit Outlook, the outcome of the November election should lift some of the uncertainty that has pervaded the small business sector for much of 2016. read more

Balboa Survey: 58% of Small Business Owners Expect Q4/16 Revenue Increase

Strong revenue, confidence in the economy and plans to invest and expand business operations highlight results of Balboa Capital’s Q3/16 small business owner survey. read more

Reuters: Small Businesses Borrow Less in September, Delinquencies Grow

According to Reuters, the Thomson Reuters/PayNet Small Business Lending Index dropped to 128.9 in September, marking a steep decline from the 132.8 measured in August. read more

Huntington Ranks Highest in the Midwest in Small Business Satisfaction

Small business owners rank Huntington Bank highest in overall customer satisfaction in the Midwest region according to the 2016 J.D. Power U.S. Small Business Banking Satisfaction Study. read more

U.S. Small Business Investment Malaise Continues

The most recent data release of the Thomson Reuters/PayNet Small Business Lending Index increased to 133.7 in August from 123.1 in July. read more

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