Small business lending grew in March

Growth capital is needed by all aspiring small-business owners and entrepreneurs who are looking to expand their enterprise, and with the economy showing signs of improvement, it seems as though companies are seeking out more potential funding. The Monthly Small Business Lending Index released by Direct Capital, a provider of equipment leasing, business loans and working capital, revealed small business lending demand in the United States in March increased 4.5 percent from February. 

With increased lending prospects, these results shows small-business owners are trying to grow their firms while also looking to invest in opportunities to bring in higher revenue numbers. According to Forbes, small business lending programs are continually changing, with the Small Business Administration constantly trying to make it easier to come across funding.

"March has more business days than February, so we don't want to overplay the increased demand that our data models are showing," said Stephen Lankler, senior vice president at Direct Capital. "But, the Index continues to report that small business lending demand is up considerably over 2012. And that's exactly what we are seeing within our business."

Content presented by Bridge Bank, offering flexible, customized solutions for entrepreneurs.

Getting Started

Find your ideal banker:

Select any filter and click on Apply to see results

Featured Insights

In 1999, Shawn Boyer was helping a friend search for internships and was shocked to find a lack of job boards or...

Small-business owners often have to scrimp and save in order to properly handle cash management issues. For many...

The Massachusetts Growth Capital Corporation in partnership with Governor Charlie Baker's administration...

Small businesses have yet to fully take advantage of the innovative ways that mobile technology can connect ...

A growing number of businesses have at least some, if not significant, association with overseas markets and, by...

Owned and operated by Adrienne Mattos and Stephen Moore, AquaTech Swim School focuses on creating the best...

Penguin Computing is an open data center and high performance computing company that delivers processing and data...

Most people don’t think about the tools used to assemble a child’s car-seat or an airplane wing. Yet those tools are...

Aurionpro is a world-class technology company that has successfully grown its business by focusing on the...

Perpetual Energy Systems develops and finances small- and utility-scale renewable energy projects for commercial,...

Recent News

05/01/15
More disappointing economic data out of the U.S. and the UK along with substantial...
04/24/15
With a great deal of volatility and choppy trading, the week’s activity has revealed...
04/20/15
Conference Call and Webcast Scheduled for Monday, April 20, 2015 at5:00 p.m. Eastern...
04/17/15
Our beloved World Champion San Francisco Giants played their home opener on Monday...
04/10/15
The Fed’s FOMC Minutes, released on Wednesday, were the focal point of the week as...
04/07/15
San Jose, CA – April 7, 2015 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
04/03/15
Well, we can’t blame the weather this time; March U.S. Non-Farm Payrolls came in...
03/27/15
While the US Federal Reserve did remove the word ‘patient’ from its statement last...
03/25/15
Top Performing Bank of 2014 Recognition Marks Bridge Bank’s Fourth Consecutive Year...
03/23/15
As expected, the US Federal Reserve, in their monthly policy meeting on March 18,...

Twitter

Featured Insights

Featured Insight

In 1999, Shawn Boyer was helping a friend search for internships and was shocked to find a lack of job boards or...

Featured Insight

A growing number of businesses have at least some, if not significant, association with overseas markets and, by...

Featured Insight

Owned and operated by Adrienne Mattos and Stephen Moore, AquaTech Swim School focuses on creating the best...

Recent News

Small-business owners often have to scrimp and save in order to properly handle cash management issues. For many...

The Massachusetts Growth Capital Corporation in partnership with Governor Charlie Baker's administration...

Small businesses have yet to fully take advantage of the innovative ways that mobile technology can connect ...

Twitter