Biz2Credit Small Business Earnings Report™
About the Report
Biz2Credit Small Business Earnings Report examines the financial performance of businesses that applied for credit from Biz2Credit.
The study looks at the performance of small to mid-sized firms -- from early stage to established companies in the U.S. that applied for funding. It’s intended to provide a snapshot of the financial health of businesses nationwide across a wide range of industries.
Key Findings
were $531,900.
average revenues are down by $96,000
($531,900-$627,900).
average expenses are down by $97,500
($493,300-$590,800).
average earnings are down by $3,100
($38,600-$41,700).
compared to February's rate at 2.8%.
2024 Review
Takeaways
Small businesses had a tough first quarter of 2025, only to be welcomed into Q2 with stressors around potential tariffs and heightened worries of a recession. Tariffs will likely mean higher prices for materials for small businesses, and they will have the tough decision to either absorb the costs or pass them along to customers. Small business optimism dimmed in reaction.
Experian says there is a silver lining for small businesses, including "positive economic indicators such as low unemployment at 4.1%, a decrease in core inflation to 3.1%, and a drop in rent inflation to 4.2%." Additionally, the firm said "small business credit score are resetting to more normal levels...delinquencies and utilization return to growth pre-pandemic levels.”
Methodology
Biz2Credit pulled over 100,000 complete financing applications submitted between January 2022 and March 2025. This report examines a number of variables including annual revenue, operating expenses, age of business, credit score, approval rate, and funding rate.
Term Loans are made by Itria Ventures LLC or Cross River Bank, Member FDIC. This is not a deposit product. California residents: Itria Ventures LLC is licensed by the Department of Financial Protection and Innovation. Loans are made or arranged pursuant to California Financing Law License # 60DBO-35839