Strategy January 02, 2018
The Future of Financing Part Test
As technology changes lending trends, businesses will have more options than ever to raise capital.
According to government statistics, 28.8 million small businesses currently operate in the U.S., employing 57 million people. Sadly, only one-third of small companies make it past the two-year mark on average. A study by U.S. Bank notes the major reason these businesses fail is due to cash flow problems. Eighty-two percent of those businesses, in fact, are tanking because of lack of cash.