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

Networking is a necessary element for any startup seeking financing. And while...

Many startups choose to develop mobile apps, and this number continues to...

Business leaders need to understand their exposure to foreign exchange (FX) volatility and the risk it presents to...

The San Francisco Bay area has long been a hub for startups seeking funding and...

As one of the country's largest landowners, the federal government is in a...

The rise of trackers and monitoring devices coupled with the interconnectivity...

Launching a brand-new business into the market is always an exhilarating, yet...

Some founders and CEOs of fledgling startups may end up making the mistake of...

Since its inception in the mid-1900s, venture capital investment has grown from...

Once and awhile, something comes along that captures the imagination and...

Recent News

09/29/16
Our New Jersey-based client Tabula Rasa HealthCare Inc. (TRHC), a healthcare tech...
09/14/16
This week, our client Sensity Systems, the established industry leader in Light...
09/07/16
SAN JOSE, CA – September 7, 2016 – Bridge Bank today announced the hiring of Michael...
08/23/16
SAN FRANCISCO, CA – August 23, 2016 – Bridge Bank today announced the hiring of...
08/10/16
Atlanta-based software company selects Bridge Bank for its technology industry...
08/08/16
MENLO PARK, Calif. - August 8, 2016 - Bridge Bank’s Equity Fund Resources Group (EFR...
08/02/16
San Jose, CA — August 3, 2016 — Bridge Bank today announced the hiring of Victor Le...
07/25/16
Durham, NC -- July 25, 2016 -- Bridge Bank’s Life Sciences Group (LSG) today...
07/21/16
San Francisco, CA -- July 21, 2016 -- Bridge Bank’s Life Sciences Group (LSG) today...
07/01/16
MONMOUTH JUNCTION, N.J, July 1, 2016 - CytoSorbents Corporation (NASDAQ: CTSO), a...

Twitter

Featured Insights

Featured Insight

Business leaders need to understand their exposure to foreign exchange (FX) volatility and the risk it presents to...

Featured Insight

Success in the world of biotechnology and life sciences requires a level of patience that is foreign to most types...

Featured Insight

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

Recent News

Networking is a necessary element for any startup seeking financing. And while...

Many startups choose to develop mobile apps, and this number continues to...

The San Francisco Bay area has long been a hub for startups seeking funding and...

Twitter