10 Ways SMBs Accessed and Leveraged Financing in 2024

10 Impact Statements — SMB Growth: Credit Access

Businesses of all types have a constant need for credit, but there are alarming disparities in credit access for SMBs. Higher-revenue businesses enjoy access to diverse credit options, but half of all SMBs lack access to any financing at all, putting their growth and survival at risk. To find out what these SMBs need to leverage credit options, read PYMNTS Intelligence’s latest eBook “SMB Growth: Credit Access.”

Inside the December eBook
  • 52%: Share of SMBs that report having access to financing sources
  • 35%: Share of low-revenue SMBs with access to credit that use the owner’s personal credit card
  • 23%: Share of SMBs with access to credit that do not use it due to high fees