Understanding the Small Business Credit Crunch

Date: 16 Apr 2014 | posted in: Banking, Retail | 0 Facebooktwitterredditmail

Even as their big competitors are awash in capital, many locally owned businesses are struggling to secure the financing they need to grow. This analysis finds that, since 2000, bank lending to large businesses is up 36 percent, while small business loan volume has fallen 14 percent and “micro” business loans — those under $100,000 — have plummeted 33 percent.… Read More

Change in Volume of Bank Loans to Businesses, by Loan Size, 2000-2012

Date: 15 Apr 2014 | posted in: Banking, Retail | 0 Facebooktwitterredditmail

Since 2000, the overall volume of business lending per capita at banks has grown by 26 percent, but this expansion has entirely benefited large businesses. Small business loan volume at banks is down 14 percent and micro business loan volume is down 33 percent. … Read More

Findings of the 2014 Independent Business Survey

Date: 19 Feb 2014 | posted in: Retail | 0 Facebooktwitterredditmail

This presentation presents the key findings of the 2014 Independent Business Survey. It includes new data on the impact of “buy local” campaigns; a ranking of the biggest challenges facing small businesses, from online competitors to the difficulty of obtaining financing; and information on the public policy changes that small business owners believe would most help their businesses.… Read More

Independent Business Owners Report Growing Public Support, Call for Policies to Level the Playing Field

Date: 6 Feb 2014 | posted in: Retail | 0 Facebooktwitterredditmail

A survey of 2,602 independent business owners across the U.S. has found that the Buy Local message is boosting customer traffic and improving the outlook on Main Street. But entrepreneurs also say policymakers need to do more to create a level playing field and ensure that small local businesses have an equal opportunity to compete.… Read More

New Survey: Independent Businesses Report Growing Public Support, Call for Policies to Level the Playing Field

Date: 6 Feb 2014 | posted in: Press Release, Retail | 0 Facebooktwitterredditmail

WASHINGTON, D.C. (Feb. 6, 2014) — A survey of 2,602 independent business owners across the U.S. has found that the Buy Local message is boosting customer traffic and improving the outlook on Main Street. But entrepreneurs also say policymakers need to do more to create a level playing field and ensure that small local businesses have an equal opportunity to compete.

The survey was conducted by the Institute for Local Self-Reliance (ILSR) in partnership with the Advocates for Independent Business (AIB) coalition.… Read More

Towards a Localist Policy Agenda

Date: 5 Jul 2013 | posted in: Retail | 0 Facebooktwitterredditmail

To regenerate local businesses, we’ll need more than Buy Local campaigns; we’ll need to change public policy, which now favors big business. In this presentation, Stacy Mitchell looks at seven key policy areas to focus on.… Read More

Survey Finds Independent Businesses Benefit from “Buy Local First” Campaigns, But Challenges Loom

Date: 6 Feb 2013 | posted in: Press Release, Retail | 0 Facebooktwitterredditmail

ILSR’s annual survey has found that independent businesses experienced solid revenue growth in 2012, buoyed in part by “buy local first” initiatives. But the survey also documented challenges facing independent businesses, most notably an increase in “showrooming” and competition from online retailers, tax and subsidy policies that favor their big competitors, difficulty obtaining loans, and a customer base still reeling from the recession.… Read More

Too Big to Lend

Date: 17 Oct 2012 | posted in: Banking, Retail | 1 Facebooktwitterredditmail

A critical function of our banking system is financing small businesses. But big banks are doing a rotten job of it. At the nation’s largest banks, small business lending has plunged 33% since 2009. Trying to cajole or compel them to do more won’t make much difference because the problem is largely inherent to their scale.… Read More

1 2 3