Category: Small Business
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Small Business
Study Shows Small Business Loan Approval Rates by Industry
by Fioney Staff
Ever since the economy began rebounding from the Great Recession, we've seen small business loan approval rates at big banks continue to rise. On top of that numerous alternatives have emerged, including online and peer to peer lenders. However a major factor that could inform whether or not you're approved for a loan is what type of small business you're opening or currently operating. That's the focus of a recent... Small Business
60%+ of Small Business Owners Report High Job Satisfaction
by Fioney Staff
Running a small business is not an easy job by any means. With owners bearing the brunt of responsibilities ranging from quality control to managing employees and much more, entrepreneurs often deal with a lot of stress. Despite that, a recent survey from Finimpact finds that the vast majority of business owners are happy and highly satisfied with their positions. When small business owners were asked how they'd rank their... Small Business
Small Business Commercial Insurance Satisfaction Reaches New High
by Fioney Staff
Anyone who's ever owned a small business can tell you about the importance of having insurance. At the same time purchasing policies and dealing with insurance companies has never traditionally been any entrepreneurs favorite pastime. Despite that a new study by J.D. Power finds that more business owners are satisfied with their commercial insurance than ever before. Out of a possible score of 1,000, the average small business commercial insurance... Small Business
Survey Finds Three-Quarters of Small Businesses Give to Communities
by Fioney Staff
Being a small business owner means more than just running a store or offering a service. More often than not, it also means being a part of a community and having a positive influence. That belief was on full display in a recent study by TD Bank that found nearly three-quarters of small businesses give back to their communities by supporting local charities and causes. TD Bank's study surveyed the... Small Business
Small Business Loan Approval Rates at Big Banks Rise in July
by Fioney Staff
Ever since the Great Recession, banks have slowly increased the number of small business loans they issued. As a result, approval rates have continually reached new records, with more and more entrepreneurs finding it easier to obtain capital. Now the latest edition of the Biz2Credit Small Business Lending Index finds loan approval at big banks rates reaching yet another post-recession high. First up, approvals at banks with more than $10... Small Business
Two-Thirds of Small Businesses Report Being in Good Health
by Fioney Staff
It seems now is still a great time to be a small business owner. In fact, after a dip during the first quarter of the year, the MetLife and U.S. Chamber of Commerce Small Business Index rose more than three points for Q2 2019. Moreover a majority of entrepreneurs surveyed expressed positive sentiments about the health of their businesses and the overall economy. According to the latest report, 65% of... Small Business
American Express Announces New Blue Business Cash Card
by Fioney Staff
Over the past decade, credit card company American Express has worked to align themselves with small business owners. This includes founding the increasingly popular retail holiday Small Business Saturday, observed the weekend after Thanksgiving each year. Continuing that mission, this week the company announced the launch of a new small business credit card: the Blue Business Cash Card. The Blue Business Cash Card's biggest perk is that cardholders can earn...