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Small Businesses Optimistic About Growth Despite Critical Cash Flow Issues

Pathward released its “Small Business Credit Habits and Needs” report, which found that while one in three small businesses have struggled with cash flow in the changing economy, 70% consider themselves to be in growth mode. read more

Small Businesses Optimistic About Long-Term Outlook, Still Wary of Next 12 Months

According to First Citizens Bank, 66% of small businesses are optimistic about the economic outlook for the next two to three years, which remains on par with sentiment from 2019 (68%). However, small business owners are less confident about the conditions for the next 12 months. read more

Survey: 90% of Small Business Owners Impacted by Coronavirus

The coronavirus is impairing the livelihoods of 90% of small business owners across the U.S. and Canada, with more than one-third reporting they have only a couple of weeks of cash to sustain them, according to a recent survey. read more

Balboa: 60% of Small Businesses Got Unsecured Loans from Non-Bank Lenders

Direct lender Balboa Capital released a new survey that revealed 75% of small business owners are familiar with unsecured business loans, and 60% acquired their loans from non-bank lenders. read more

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