• News
    • Editorial Cartoons
    • Fintech Ticker
    • Latest News
    • News Roundup
    • Send News Tip
  • Webinars
  • Podcasts
    • Fintech Coffee Break Podcast
    • Fintech Nexus News
    • Fintech One-on-One Podcast
    • PitchIt Fintech Startups Podcast
  • Events
    • USA 2023
    • LatAm 2023
  • Pitch Story
    • Pitch Editorial Cartoon
    • Pitch Story
  • Sponsored Content
  • Subscribe
  • Search
  • Sign in
Home
2016 small business credit survey
Latest
  • Latest
  • Oldest
  • Random
  • A to Z

2016 small business credit survey

News RoundupFintechUSA
·Aug. 10, 2017

Federal Reserve Releases Report on Credit Trends for Startup Businesses

The Federal Reserve has released a report titled "Small Business Credit Survey Report on Startup Firms" with findings based on the 2016 Small Business Credit Survey which surveyed companies less than five years old with more than one and fewer than 500 employees; findings show that these companies face greater funding challenges than mature companies; report compares financing statistics of startups and mature companies; also reports on sources of funds noting that medium to high credit risk startups were more likely to apply for loans from online lenders and only 11% of low credit risk startups sought online loan financing. Source

Read Full Story
News RoundupFintech
·Apr. 13, 2017

New Report Shows Small Businesses Still Prefer Banks to Online Lenders

The Federal Reserve Bank of New York released its 2016 small business credit survey yesterday and the data shows some bad news for online lenders; big banks, small banks and credit unions all scored higher on the survey than online lenders when it comes to access to capital; one of the more telling pieces of data from the report was that online lenders scored lower than banks on transparency; fintechs did score higher on speed of application and ease of process; not all bad news but still points out the advantage that banks have when it comes to cost of capital. Source

Read Full Story
  • About
  • Contact
  • Disclaimer
  • Our Team
  • Privacy Policy
  • Terms
  • Write For Us
Copyright © 2023 Fintech Nexus
  • Contact Us
  • Fintech Ticker
  • News
  • News Roundup
  • Opinion
  • Our Team Back
  • Sponsored Content
  • Subscribe
Start typing to see results or hit ESC to close
lis Bottom 7 digital banking USA Top 3
See all results