Equifax

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.

Month-wise Lending Index

Archives
July 2016

Small Biz Loan Approval Rates Drop at Big Banks and Alternative Lenders in July 2016, According to Biz2Credit Small Business Lending IndexTM

Loan approval rates at big banks ($10 billion+ in assets), alternative lenders, and credit unions dipped in July 2016

June 2016

Small Biz Loan Approval Rates at Banks Continue to Improve in June 2016, According to Biz2Credit Small Business Lending IndexTM

Loan approval rates at big banks ($10 billion+ in assets) and small banks increased slightly in June 2016, according to the most recent Biz2Credit Small Business Lending Index