Small Business is our Business

*What types of financing has your business used in the past 12 months to meet your company’s needs?

*Earnings of the business                                  32%

*Credit Cards                                           30%

*Used No Financing                              28%

*Large bank loan                                       19%

*Community bank loan                          19%

*Private loan(family/friends)            17%

*Vendor credit                                            15%

*SBA loan                                                       4%

*Credit Union loan                                      2%

*Crowdfunding                                             1%

Source:   Online survey by the National Small Business Association conducted in August 2014 of 1,252 small business owners.

 

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