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

The mobility services landscape has been developing quickly, with ride-hailing...

Venture capital firm Y Combinator, which many call the world's most powerful...

Healthcare has been slower than other industries to adopt digital technologies....

HP Inc., a company that stemmed from the division of Hewlett-Packard, recently...

Valuations in the venture capital (VC) market are either in decline or flattening out, primarily due to inflated...

On April 19, 2016, San Francisco became the first major U.S. city to mandate...

Financial institutions operate at the heart of our economic system and as such, are hyper-aware of market indicators...

As millennials graduate college and move into hip neighborhoods in expensive...

According to CB Insights, the gaming industry has moved through a variety of...

In this modern economy focused on lightening-fast, immediate services, it comes...

Recent News

05/23/16
New Office Located in the Historic Russ Building Expands Bridge Bank’s Offering SAN...
05/04/16
Ruvalcaba Receives 2016 Character Award San Jose, CA – May 4, 2016 – Bridge Bank...
04/28/16
San Jose, CA – April 28, 2016 - Bridge Bank and Trinity Capital Investment, a...
04/01/16
SOUTH SAN FRANCISCO, Calif., April 01, 2016 -- Sunesis Pharmaceuticals, Inc. (Nasdaq...
03/23/16
View the 2015 Western Alliance Annual Report
03/22/16
Following a Record-Breaking Year of Growth, Leading Outsourcing Company Partners...
02/17/16
Durham, NC – Feb 17, 2016 – Bridge Bank today announced the recent hiring...
02/10/16
CARLSBAD, CALIF. -- February 10, 2016 -- Colorescience today announced the...
02/09/16
Los Angeles – February 9, 2016 - Bridge Bank announced today that it has provided...
02/04/16
PHOENIX (Feb. 4, 2016) – Forbes’ assessment of the 100 largest U.S. banks weighed...

Twitter

Featured Insights

Featured Insight

Valuations in the venture capital (VC) market are either in decline or flattening out, primarily due to inflated...

Featured Insight

Financial institutions operate at the heart of our economic system and as such, are hyper-aware of market indicators...

Featured Insight

It all started back in 2000 with the objective to capitalize on the explosive growth in technology and provide a...

Recent News

The mobility services landscape has been developing quickly, with ride-hailing...

Venture capital firm Y Combinator, which many call the world's most powerful...

Healthcare has been slower than other industries to adopt digital technologies....

Twitter