“Small Business Loan Approvals At Big Banks Hit New High…”
April 10, 2019
“The approval percentage for small business loan applicants hit a record high of 27.3% at big banks ($10 billion+ in assets) in March, up one-tenth of a percent from February, according to the latest Biz2Credit Small Business Lending Index™. Approvals by big banks continue to climb. With strong financials from 2018, many small business owners are seeking capital for growth, and they have proven themselves to be creditworthy borrowers…”
This article aside if you ever find yourself asking this question: “When is the best time to start a business?” The answer is always right now. This is one of the few times in life patience isn’t a virtue.