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

September 2020
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

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View Past Months

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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

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July 2020

Small Business Loan Approval Rates at Banks Rose in July 2020: Biz2Credit Small Business Lending Index™

Improvement in Approval Percentages at Banks and Institutional Lenders for Companies Applying for Non-PPP Loans, While Alternative Lenders and Credit Unions Slip

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June 2020

Small Business Loan Approval Rates Rebounded in June 2020: Biz2Credit Small Business Lending Index™

Improvement in Approvals for Companies Applying for Non-CARES Act Loans

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May 2020

Small Business Loan Approval Rates Rebounded in May 2020: Biz2Credit Small Business Lending Index™

Improvement in Approvals for Companies Applying for Non-CARES Act Loans

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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.