California Q2 2015 PCA Index Findings Infographic2018-07-16T16:06:56-07:00

California Q2 2015 PCA Index Findings Infographic

Once a quarter, Pepperdine University’s Graziadio School of Business and Management and Dun & Bradstreet poll small and medium-sized businesses across the nation to learn more about those companies growth and access to capital.

Overall, the Q2 2015 PCA Index findings revealed that optimism and financing success among small and medium-sized businesses are the highest they’ve been in three years. Mid-sized businesses seem increasingly optimistic about their ability to secure funding, which Jeff Stibel, Vice Chairman of Dun & Bradstreet, believes “is a strong indication that smaller businesses have joined their larger peers in the economic recovery.”

California Small Businesses Are Feeling More Restricted by the Current Business Environment

  • Compared to businesses surveyed across the nation, California small businesses are feeling more restricted: 60% feel their growth opportunities are restricted, compared to 58% nationally, and 48% feel their ability to hire is restricted, compared to 41% nationally.
  • Of the 51% of California small businesses that attempted to get a bank loan. only 36% were successful, 1% below the national average.
  • As a result, 36% of California small business owners transferred personal assets to their business.