Healthy Small Businesses Report 42-Point Edge in Card Approval Confidence
Small businesses are not just borrowing to survive. They are using credit cards as operating systems, and they are willing to pay for features that make day-to-day cash flow easier to manage.
“SMB Growth Monitor: Small Businesses, Big Credit Needs,” a PYMNTS Intelligence collaboration with i2c, finds that most small and medium-size businesses (SMBs) feel confident about getting approved for new credit, which shifts competition away from access and toward product design.
The report...