The survey reveals that 60% of small business owners saw increased revenues in Q3, a 5 point decrease from Q2 (65%). However, SBOs are ending the year with confidence; 6 in 10 are expecting higher growth in Q4. The survey was sent to a sample of small business owners nationwide in November 2016. Our latest survey results show a slight decrease in the number of small business owners who experienced growth during the third quarter, but overall they are feeling confident about their business conditions and the nations economy as 2016 comes to a close, said Jake Dacillo, Marketing Director at Balboa Capital. Close to 60% of SBOs we surveyed expect to end Q4 with higher revenues, and this confidence is influencing their investment decisions. Capital equipment acquisition, purchasing inventory and expansion initiatives top the list of year-end investment goals among SBOs. Mr. Dacillo said it is not uncommon to see an increased demand for financing and loan products during the final weeks of the year.
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Go.o Bankrate's loan and amortization calculator . There are several sites where businesses can seek alternative lenders, such as individuals and small companies. I think it was just the ... credit crunch that prevented us from getting a loan.” “Many came back with proposals, but the terms were very onerous. “Many small businesses try three or four banks and then stop looking,” cloudier says. Whether small or large, new or existing, small business loans are the most effective way to get your business funded.