Biz2Credit Small Business Lending IndexTM

The Index reports the loan approval rates of small business financing requests at Big Banks, local and regional banks and non-bank lenders (CDFI), micro lenders, and others

Covered & reported by the major finance media brands

Covered & reported by the major finance media brands

December 2020
December 2020

Biz2Credit Small Business Lending Index™ Reports Loan Approval Rates at Banks Declined in December 2020, Are Down More Than 50 Percent from One Year Ago

Approval percentages for all categories of lenders dropped more than 50% from December 2019

View Report

View Past Months

Access Archives

November 2020

Biz2Credit Small Business Lending Index™ Reports Loan Approval Rates at Banks Declined in November 2020, Are Down More Than 50 Percent from One Year Ago

Approval percentages are down 50% or more for all categories of small business lenders as the pandemic surges

View Report
October 2020

Small Business Loan Approval Rates at Banks Declined in October 2020: Biz2Credit Small Business Lending Index™

Small Businesses Capital Is Hard to Secure

View Report
September 2020

Small Business Loan Approval Rates at Banks Fell Again in September 2020: Biz2Credit Small Business Lending Index™

Small Businesses in Limbo Awaiting PPP Loan Forgiveness

View Report
August 2020

Small Business Loan Approval Rates at Banks Fell in August 2020: Biz2Credit Small Business Lending Index™

Slight Declines in Approval Percentages at Alternative Lenders and Credit Unions

View Report

About Biz2Credit Small Business Lending IndexTM

The Biz2Credit Small Business Lending IndexTM is an analysis of 1,000 monthly loan applications on the Biz2Credit website. The Index reports the loan approval rates of small business financing requests at Big Banks ($10 billion+ in assets), local and regional banks and non-bank lenders (credit unions, Community Development Financial Institutions (CDFI), micro lenders, and others).

Unlike other surveys, the results are based on primary data submitted by more than 1,000 entrepreneurs who applied for funding on Biz2Credit's online lending platform, which connects small business borrowers with sources of capital.

Results of the Biz2Credit Small Business Lending IndexTM have been reported by The Wall Street Journal, Bloomberg BusinessWeek, Entrepreneur.com, Bloomberg Radio's "The Hays Advantage", SBA Radio, NY Daily News, Crain's NY Business, Michigan Banker, and other media.