Small Business Credit Survey (SBCS)
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Key insights from the 2024 Small Business Credit Survey
The 2024 Small Business Credit Survey revealed a decline in revenue growth, with more firms experiencing revenue decreases. Credit applications stayed steady, but fewer firms sought financing from large banks, turning to smaller banks and alternative lenders.
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Small-business owners: Share your experiences with credit access this past year
Small-business owners help inform policy conversations and decision-making. Take the Federal Reserve Small Business Credit Survey.
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Project highlights factors that influence Black business owners’ attitudes about debt
Data and conversations help inform reasons why Black businesses can be hesitant to apply for credit and emphasize the need for more education about the loan underwriting process.
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Key insights from the 2023 Small Business Credit Survey
The 2023 Small Business Credit Survey (SBCS) indicates that although small businesses are improving, they still face rising costs and high-interest rates. However, they remain optimistic about future revenue and employment expansion.
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Data to drive change: Veteran-owned small businesses
Small-business ownership allows military veterans to leverage skills gained while they served. The Fed’s Small Business Credit Survey shares insights about how veteran-owned businesses are doing.
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‘It shouldn’t be this hard’: Small Business Credit Survey highlights funding challenges for startups owned by people of color
Half of businesses survive at least five years but many start on shaky financial footing. The Federal Reserve Small Business Credit Survey reveals unique funding challenges for startups owned by people of color.
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![[Watch] Amplifying small business voices—new findings from the Small Business Credit Survey](https://fedcommunities.org/wp-content/uploads/2023/03/CC-April-13-SBCS.jpg?w=1024)
[Watch] Amplifying small business voices—new findings from the Small Business Credit Survey
Find out how small businesses are dealing with hiring challenges, supply chain disruptions, and rising costs, plus what credit access gaps remain now that pandemic-related funding programs have ended. Watch or listen on demand.
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Small business perspectives on what’s changing and what’s not
Small business owners with employees share their views on hiring, funding challenges, and more. Get takeaways from the latest Small Business Credit Survey report.
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Surveys highlight Black-owned small businesses’ credit access challenges; study hints at a fairer approach
Automated underwriting processes used by some lenders may have reduced racial disparities in accessing the Paycheck Protection Program.
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How the Fed’s ‘trove of data’ underscores the importance of small business credit access
Access to credit is vital for small businesses. The Federal Reserve’s annual Small Business Credit Survey provides critical data and insights for policymakers, small business support program managers.