Study: Businesses with Bank Loans More Likely to Succeed


BOCA RATON, FLORIDA (March 19, 2018) - Businesses that take out business loans from banks have higher rates of success, a new study at Florida Atlantic University found.

The survey of 5,000 businesses determined that companies that took out bank loans reported nearly twice as much revenue as companies that did not pursue financing. Companies financed by personal loans had 57% less revenue than companies financed by business loans from banks.

Read the entire article here.

SourceFunding.org accelerates your path to success: our unprecedented network of 14,000 community lenders, state-of-the-art matchmaking system and universal application ensure that you match with the funding that’s right for your business. Why spend hours applying to one lender when you can find the best match from the world’s largest network? Our mission: Financial inclusion.Create a free Funding Profile and get started now.