Biz2Credit Small Business Lending Index™ Finds June 2021 Loan Approval Rates Increased for All Categories of Lenders
July 13, 2021 11:04 ET
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Biz2Credit
NEW YORK, July 13, 2021 (GLOBE NEWSWIRE) -- Small business loan approval percentages at big banks ($10 billion+ in assets) climbed slightly from 13.5% in May to 13.6% in June 2021, while small...
Biz2X Offers Free Access to Its Accelerate SBA Platform to Community Banks and Credit Unions Through June 30
April 10, 2020 11:36 ET
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Biz2Credit
NEW YORK, April 10, 2020 (GLOBE NEWSWIRE) -- To ensure that no small business is left behind for the CARES Act Paycheck Protection Program (PPP), Biz2Credit’s Biz2X platform is now being offered...
Small Business Loan Approval Rates Plummeted in March 2020: Biz2Credit Small Business Lending Index™
April 07, 2020 09:32 ET
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Biz2Credit
NEW YORK, April 07, 2020 (GLOBE NEWSWIRE) -- The approval percentage for small business loan applications at big banks ($10 billion+ in assets) plummeted to just 15.4% from a post-recession high of...
Biz2X Launches SBA Loan Platform for Banks to Start Lending Under CARES Act
March 30, 2020 10:39 ET
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Biz2Credit
NEW YORK, March 30, 2020 (GLOBE NEWSWIRE) -- Biz2Credit, the leader in online small business finance, today introduced Biz2X Accelerate SBA, a platform that enables banks and other financial...
Biz2Credit Launches SBA Disaster Loan Resources for Small Businesses Struggling Due to the Coronavirus
March 26, 2020 16:07 ET
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Biz2Credit
NEW YORK, March 26, 2020 (GLOBE NEWSWIRE) -- Biz2Credit, the leading provider of small business financing online, today announced a new set of online resources to help companies quickly obtain...
Small Business Loan Approval Rates at Big Banks Remained at Record High in February 2020: Biz2Credit Small Business Lending Index™
March 17, 2020 09:50 ET
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Biz2Credit
NEW YORK, March 17, 2020 (GLOBE NEWSWIRE) -- The approval percentage for small business loan applications at big banks ($10 billion+ in assets) stayed flat at 28.3% in February 2020, which remains...
Small Business Loan Approval Rates at Big Banks Reach New Record in January 2020: Biz2Credit Small Business Lending Index™
February 11, 2020 09:33 ET
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Biz2Credit
NEW YORK, Feb. 11, 2020 (GLOBE NEWSWIRE) -- The approval percentage for small business loan applications at big banks ($10 billion+ in assets) rose one-tenth of a percent to reach 28.3% in January...
Banks’ Small Business Loan Approval Rates Hit Record High in December 2019: Biz2Credit Small Business Lending Index™
January 14, 2020 09:38 ET
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Biz2Credit
NEW YORK, Jan. 14, 2020 (GLOBE NEWSWIRE) -- The approval percentage for small business loan applications at big banks ($10 billion+ in assets) rose one-tenth of a percent to reach 28.2% in December...
Big Banks’ Small Business Loan Approval Rates Continue to Rise, Reach New Record High in November, According to Biz2Credit Small Business Lending Index™
December 10, 2019 10:06 ET
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Biz2Credit
NEW YORK, Dec. 10, 2019 (GLOBE NEWSWIRE) -- The approval percentage for small business loan applications at big banks ($10 billion+ in assets) inched up one-tenth of a percent to reach 28.1% in...
Big Banks’ Small Business Loan Approvals Hit New Record in October, According to Biz2Credit Small Business Lending Index™
November 12, 2019 09:17 ET
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Biz2Credit
NEW YORK, Nov. 12, 2019 (GLOBE NEWSWIRE) -- The approval percentage for small business loan applications at big banks ($10 billion+ in assets) inched up one-tenth of a percent to reach 28% for the...