Top Lending Stories
News
Small Business Owners Shun Loans: Survey
By Michelle A. SamaadNearly 77% of small business owners surveyed say they've never applied for a business or personal loan. Most say they don't want the debt burden.
CU Times compiles our exclusive data sets in combination with information received from NCUA and other federal agencies to give a clear view of lending trends involving credit unions (i.e. mortgage, auto loans, HELOCs, student loans).
Nearly 77% of small business owners surveyed say they've never applied for a business or personal loan. Most say they don't want the debt burden.