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Level of approval of credit for small U.S. companies 2015

This statistic presents the outcome of small business credit applications in the United States in 2015. In that year, 50 percent of the U.S. small companies received full financing they applied for.

Outcome of small business credit applications in the United States in 2015

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Sources

Release date

March 2016

Region

United States

Survey time period

September 28, to November 27, 2015

Number of respondents

1,580 respondents

Supplementary notes

Microbusiness - less than 250 thousand U.S. dollars of annual revenue.
Small business - between 250 thousand U.S. dollars and one million U.S. dollars of annual revenue.
Mid-size business - between one and ten million U.S. dollars of annual revenue.
Commercial business - more than ten million U.S. dollars of annual revenue.
Applications for loans, lines of credit, debt consolidation loans or refinancing, and commercial mortgages only.
Firms that were unsure how much they were approved for are excluded from the chart. In 2014, the approval rate pertained to applications submitted in the first half of the year. In 2015, the time period was the previous twelve months.

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