Remove 2007 Remove Credit Risk Remove Small Businesses
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Rural Small Businesses Earn Better Profits and More Financing vs. City Ones

Fundera

Twelve Federal Reserve Banks surveyed 10,303 small businesses (businesses with fewer than 500 employees), and the results might surprise you. Rural businesses are smaller and grow more slowly, the data from the Small Business Credit Survey (SBCS) shows. Location Matters For Every Small Business.

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How Banks Are Using SBA Lending to Power Digital Lending Growth

Biz2X

Case in point: the Federal Reserve Bank’s serial decisions to increase the prime rate have pushed small business loan interest rates up above 10% for the first time since 2007. Small business owners are more cautious about borrowing now and, more than ever, they’re seeking the lowest cost lending solutions they can secure.