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:

Featured Insights

Investment volume registers above historical quarterly average ($3.8B) at $7.1 billion. The Silicon Valley continues...

The National Federation of Independent Business released its Small Business Optimism Index for July. Sentiment among...

Inc. magazine spoke to Morgen Newman, who...

Boudin Bakery is one of the oldest businesses in San Francisco, having started in 1849 as the originator of San...

Early indicators show entrepreneurship is growing in the U.S., according to USA Today. Banks are easing credit...

Employment - Men still lag behind women. Overall, men have 699,000 fewer jobs now than they did in December 2007,...

Companies that only do three or four international sales a month are often not aware of the various payment...

In the Thumbtack.com Small Business Friendliness Survey, conducted with the Kauffman Foundation,...

The barriers to global expansion many small and growing businesses encountered in the past have decreased...

Recent News

BusinessWire
07/28/14
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (“KBRA”) has assigned senior...
07/24/14
San Jose, CA – July 24, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
07/22/14
Conference Call and Webcast Scheduled for Tuesday, July 22, 2014 at 5:00 p.m....
San Jose Mercury News
06/26/14
The award is a donation from Bridge Bank and Heritage Bank. Mr. Science makes a...
06/09/14
San Jose, CA – June 9, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
06/05/14
San Jose, CA – June 5, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
06/03/14
San Jose, CA – June 3, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
Orange County Business Journal, Jane Yu
05/28/14
San Jose-based Bridge Capital Holdings has pegged Costa Mesa as a key location for...
05/28/14
San Jose, CA – May 28, 2014– Bridge Capital Holdings (NASDAQ:BBNK), whose subsidiary...

Twitter

Featured Insights

Featured Insight

Investment volume registers above historical quarterly average ($3.8B) at $7.1 billion. The Silicon Valley continues...

Featured Insight

Boudin Bakery is one of the oldest businesses in San Francisco, having started in 1849 as the originator of San...

Featured Insight

Employment - Men still lag behind women. Overall, men have 699,000 fewer jobs now than they did in December 2007,...

Recent News

The National Federation of Independent Business released its Small Business Optimism Index for July. Sentiment among...

Inc. magazine spoke to Morgen Newman, who...

Twitter