Return-Path: <0100018066fba43f-1087f91d-ac36-4f70-a2eb-5d41fb54b47d-000000@amazonses.com> Delivered-To: info@sterlingcal.com Received: from reseller401.webserversystems.com by reseller401.webserversystems.com with LMTP id 2C8qDxwwaGIaTQUAchKAPA for ; Tue, 26 Apr 2022 12:47:08 -0500 Return-path: <0100018066fba43f-1087f91d-ac36-4f70-a2eb-5d41fb54b47d-000000@amazonses.com> Envelope-to: info@sterlingcal.com Delivery-date: Tue, 26 Apr 2022 12:47:08 -0500 Received: from a43-190.smtp-out.amazonses.com ([54.240.43.190]:54977) by reseller401.webserversystems.com with esmtps (TLS1.2) tls TLS_ECDHE_RSA_WITH_AES_128_CBC_SHA256 (Exim 4.93) (envelope-from <0100018066fba43f-1087f91d-ac36-4f70-a2eb-5d41fb54b47d-000000@amazonses.com>) id 1njPHF-001T0g-I4 for info@sterlingcal.com; Tue, 26 Apr 2022 12:47:07 -0500 DKIM-Signature: v=1; a=rsa-sha256; q=dns/txt; c=relaxed/simple; s=ja2xd7rg6xxoispjhjc2pjzww2ktcu5f; d=biz2credit.com; t=1650995209; h=From:To:Reply-To:Subject:List-Unsubscribe:Content-ID:MIME-Version:Content-Type:Message-ID:Date; bh=/ArNG0FOjMmNSm3R+wMiz1LlWPFkzWSP8+QvPTi6n40=; b=L9BqMba5duH/63mIhDFpPjMDPM3jWF0DeBnada4M/Ya/R6pP2C0YkPG2mIEZJNdo 45LCRx9Y39s+RQ/lNH5gMEAxOstMGP+IVSbwHcO2y2yOJu5BiSFNoHARDBRHrJkj7Ct FJEOhta6ZVtz+IxbQJlGUWWk110pV+Z8REDlop4g= DKIM-Signature: v=1; a=rsa-sha256; q=dns/txt; c=relaxed/simple; s=6gbrjpgwjskckoa6a5zn6fwqkn67xbtw; d=amazonses.com; t=1650995209; h=From:To:Reply-To:Subject:List-Unsubscribe:Content-ID:MIME-Version:Content-Type:Message-ID:Date:Feedback-ID; bh=/ArNG0FOjMmNSm3R+wMiz1LlWPFkzWSP8+QvPTi6n40=; b=crbDShbuj1vYsDteIelU7qt5pPbPqG8ix2CVWZdaIYuqJNLw2X9LMNSVY//iI7tI 0JVd3pMEejHJSQ/AX6tdX3I9hlL7cCIqtXKxl21kmN8pgOPiSkDdiQIrJl8Xw+ItKhl PF3EwdTTM8YBeVvVOwljQMMI6HO8TBEjRQiZiHzA= From: "Biz2Credit Inc" To: info@sterlingcal.com Reply-To: info@biz2credit.com Subject: Small Business Lending Index: Loan Approval Rates Continued to Rise in March 2022 List-Unsubscribe: Content-ID: oJScoTyhMl4mYwRjnl5iqUS6qwxho3E3ZKSbYaywnN==$!$ MIME-Version: 1.0 Content-Type: multipart/alternative; boundary="Alt_MIME_Boundary" Message-ID: <0100018066fba43f-1087f91d-ac36-4f70-a2eb-5d41fb54b47d-000000@email.amazonses.com> Date: Tue, 26 Apr 2022 17:46:49 +0000 Feedback-ID: 1.us-east-1.cw/orBfP1R/Nxu72SwDh1c2Qw+wrc6jl2lFhQU8CuNQ=:AmazonSES X-SES-Outgoing: 2022.04.26-54.240.43.190 X-Spam-Status: No, score=3.1 X-Spam-Score: 31 X-Spam-Bar: +++ X-Spam-Flag: NO --Alt_MIME_Boundary Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 7bit https://track1.biz2credit.com/?xtl=wga4z7ub2jvtbeccxywhn9937edizwceywt47krt6fkc5cdefo81mf3bzzv7glixefomd0zzx7s6lw8a4dii1yskaoj236dstadzw2lwwo8xz8crodjbf&eih=lklh4lpp7a1xd1fqhp2decfi0vdxfj54 https://track1.biz2credit.com/?xtl=296q7jd1g26ztd8z6ulsvdxee9fzasd6dcnit37pt29chkabhl54dvyeenin0lw05t3azfpynr5sxnoy7a9h0i1bpfqntd7o6c1nbjac01hpc8wur6tladu3gj6tgcdrjz&eih=lklh4lpp7a1xd1fqhp2decfi0vdxfj54 https://track1.biz2credit.com/?xtl=5em8tabkfeseurc8un76eqypst4cqpyjxvcw8majs4e6jiuy59jq3vzbn88dannrliq9516gz1v044o8kik1r9appofdvlh3yxvjvsekdfv3vf42b5r9ogf7j1&eih=lklh4lpp7a1xd1fqhp2decfi0vdxfj54 https://track1.biz2credit.com/?xtl=3r64ahag801tgirh9ccw247zwzk1a1p9cwp979veldhai388zoe7hfndmgtfhy6dhoj4n4u1t9dgyy874nnl5j2ddp5xskv8nos36ud5blu3439jvxsp9d8ym1auqkpcgq4xylvszqebjtycpx1r10&eih=lklh4lpp7a1xd1fqhp2decfi0vdxfj54 https://track1.biz2credit.com/?xtl=4s64p7behweypit523i9qg000elkf5ingcxxv8tksq2v4p8w7scamqn8nvxk4sjsqzuzet3i50sfu5your5xzj7tqw3b6rzziisd4actms2rwcfllyqj5ltyejus36geijs4vrjc&eih=lklh4lpp7a1xd1fqhp2decfi0vdxfj54 July 2021 | How to Sell a Small Business: Valuing Your Business https://track1.biz2credit.com/?xtl=6vvto56cv1npn5v5cg5hqu1lrffpgaw41lpyq4ldks95q1kkrk96552ktb2vch3zg3j6inwbpv2qtdut52zg10jxh9u6k9m4zvb28t934180tke0p54m799msi31l9c8odarzbiy9fwzpess31sg6ukekjfjctz06rl93ulec7u94lkgi98j8jgk58xtgrxz9b5umw0a687h2jufmttlvsv6o9kxz&eih=lklh4lpp7a1xd1fqhp2decfi0vdxfj54 How to Sell a Small Business: Valuing Your Business So, you’re thinking about selling your small business. 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Biz2Credit
Biz2Credit Small Business Lending Index™ in
March 2022 Finds That Loan Approval Rates
Increased for Various Categories of Lender
  Download Report       View Infographic    

Biz2Credit Small Business Lending Index™

Biz2Credit Small Business Lending Index™ Reports Loan Approval Rates at Banks Roses in March 2022

     
Watch Video
Biz2Credit Small Business Leading Index ™

When the COVID-19 pandemic began in March 2020,
what they are today for all categories of lendersloan approval percentages were
almost double what they are today for banks and non-bank lenders.   

Rohit Arora, CEO of Biz2Credit 
Big Banks
Small business loan approval percentages at big banks (+$10m in assets) increased
from 14.7% in February to 14.9% in March.
Loan Approval in Big Banks
Yearly Comparison
13.5% 
March 2021		 Up 14.9%
March 2022
    
Monthly Comparison
14.7%
February 2022		 Up 14.9%
March 2022
    
Small Banks
Small banks’ approval rates also rose from 20.5% in February to 20.6% in March,
according to the latest Biz2Credit Small Business Lending Index™.
Loan Approval in Small Banks
Yearly Comparison
18.3%
March 2021		 Up 20.6%
March 2022
    
Monthly Comparison
20.5%
February 2022		 Up 20.6%
March 2022
    
Institutional lenders
Institutional lenders approved 25.3% of funding requests in March,
up one-tenth of a percent from 25.2% in February.
Loan Approval in Small Banks
Yearly Comparison
23.3%
March 2021		 Up 25.3%
March 2022
    
Monthly Comparison
25.2%
February 2022		 Up 25.3%
March 2022
    
Alternative lenders
Alternative lenders’ approval rates rose from 26.5% in February
to 26.6% in March.
Loan Approval in Small Banks
Yearly Comparison
23.9%
March 2021		 Up 26.6%
March 2022
    
Monthly Comparison
26.5%
February 2022		 Up 26.6%
March 2022
    
Credit Unions
Credit unions fell one-tenth of a percent to 20.6% in March,
remaining largely unchanged from the previous two months.
Credit unions
Yearly Comparison
20.4%
March 2021		 Up 20.6%
March 2022
    
Monthly Comparison
20.7%
February 2022		 Equal 20.6%
March 2022
    
Want to see trends? View past months
 December 2021  January 2022  February 2022
About the Biz2Credit Small Business Lending Index™
The Biz2Credit Small Business Lending Index™ is an analysis of thousands of monthly loan applications on the Biz2Credit website and through Biz2Credit partner lenders. The Index reports the loan approval rates of small business financing requests at Big Banks ($10 billion+ in assets), local and regional banks and non-bank lenders (credit unions, Community Development Financial Institutions (CDFI), micro lenders, and others.
Unlike other surveys, the results are based on primary data submitted by more than 5,000 entrepreneurs who applied for funding through Biz2Credit's online financing platform, or with Biz2Credit partners. Results of the Biz2Credit Small Business Lending Index™ have been reported by The Wall Street Journal, Bloomberg BusinessWeek, Entrepreneur.com, Bloomberg Radio's "The Hays Advantage", SBA Radio, NY Daily News, Crain's NY Business, Michigan Banker, and other media.
Biz2Credit Inc. 1 Penn Plaza, 45th Floor, New York, NY 10119
Biz2Credit.com

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