RESULTS: Where would you go for a business loan?



The Question:



If you needed a business loan for for equipment or working capital, which of these sources would you go to first?





16% - One of the major national banks
69% - A local community bank
12% - A credit union
3% - Crowdsourcing loan

Jim’s Comments:




As you can see, almost 7 of 10 of our small business audience use community banks for business loans. This is interesting because according to the Independent Community Bankers of America (ICBA), nationally almost 6 of 10 small business loa...
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Published on March 10, 2015 06:48
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