Small Business Loans Are a Capital Problem [INFOGRAPHIC]

Securing enough capital to start a business or maintain one is often one of the most daunting tasks an entrepreneur has to face. In the graphic below, we break down the National Small Business Association’s survey on who the lenders are and what that access to cash can mean for a small business.

Where did you get your first small business loan?

Click on the image for a larger view.

Infographic by Column Five

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About Tammy Lam

Tammy Lam is on Intuit's small business communications team. She lives in San Francisco and loves using mobile apps to explore the city's endless array of local restaurants and nightlife. Follow her on Twitter at @Tam_Lam and share your favorite spots!
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8 comments
Mrs Joyce Smith
Mrs Joyce Smith

HERE IS MY SUCCESSFUL STORY, I was in a critical search of a genuine loan lending company were i can obtain a loan of $100,000.00USD, some lender's that Came to me sheep clothing i never knew they where fraud until i was given the terms of their loan and i agreed eventually i was scammed, they scammed me of my hard earn money up to three lender's that scammed me the sum of $21,000.00USD and i thought that all was over that there can never be any other genuine lender until my Husband Friend Mr.Juge Philip the general manager of world wide loan company told me that there is a genuine lender that he obtained a loan of 1.4Million Dollars At 2% interest rate From that makes him own a private business and a house of his own he Referred me to a company world wide Loan Company email: worldwideloanfundsplc@live.com Where he obtained the loan of ($1.4million Dollars) i told them who referred me to them,and i applied for a loan of $75,000.00USD after my application and i sent to them the useful information for them to process my loan after 8hours i received a notification From their company that my loan has been approved and processed in the next 8hours my loan of $75,000.00 Dollars was transferred into my account. And i promise them for coming to my rescue i am going to spreed the good news to the entire world ABOUT WORLD WIDE LOAN COMPANY IS THE BEST IN THE WORLD. And tell them, i Mrs Joyce Smith referred you to them and your wish will be fulfilled…

CrounLidz
CrounLidz

Having the hardest time raising capital also. Just gotta persevere. 

Electronsquared
Electronsquared

It is very hard to raise capital today but I will never quit!

UnitedBFS
UnitedBFS

This graph is great!   Sums up perfectly what is going on with small business and financing. Posted to business page.  @WorkTank Solutions found this article through you.  @ My Department Plan, below:  It is true that small business is getting the short end of the stick when it comes to financing.  important to remember that small business is the back bone of the economy.  

 

Would have also liked to have seen on the graph the number of small businesses that wanted  loans but feared rejection and chose not to apply! 

My Department Plan
My Department Plan

I'm interested in these stats because following the banking revolution, as the banking experience becomes more personalized and technological for personal consumers, the small business owners do not seem to be getting the same bend-over-backwards customer service. Over a quarter changed banks in the last four years? Seems like bank loyalty is going down when it comes to people seeking loans. And the fact that such a high percentage felt like their bank mistreated them is another interesting differentiation between personal banking and seeking loans. 

UnitedBFS
UnitedBFS

 @Electronsquared 

Hi, Electronsquared:

What have been the obstacles that you've faced trying to get funding?

CrounLidz
CrounLidz

 @UnitedBFS $50,000 for expansion, restructuring, marketing and working capital.

Trackbacks

  1. [...] For more details on how small businesses are finding loans, take a look at the infographic below from accounting software firm Intuit. [...]

  2. [...] For more details on how small businesses are finding loans, take a look at the infographic below from accounting software firm Intuit. [...]

  3. [...] Izvor: Small Business Loans Are a Capital Problem [INFOGRAPHIC] [...]