National 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.”
- Over the last 12 months, 48 percent of small businesses surveyed have been reporting an increase in revenue, which is a 4 percent increase from 2012.
- Demand for funding by small businesses has increased 9 percent since Q1 2015, reaching the highest demand since Q4 2012.
- Access to capital by small businesses has increased nearly 8 percent since the Private Capital Access Survey began in 2012, and has increased 1 percent since Q1 2015.
- Small business loans still appear in demand at a higher rate than which they are filled. Of the businesses surveyed, 61 percent feel their growth opportunities are restricted, which is 10 percent higher than this time last year, and 24 percent of businesses surveyed feel their ability to hire is restricted, up 9 percent from this time last year.