Texas Q1 2015 PCA Index Findings Infographic2018-06-28T14:25:13-07:00

Texas Q1 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.

Texas Small Businesses Are Awarded Business Loans Less Often

  • Compared to the national rate, Texas small business loans are awarded less often, with only 37 percent of those who applied actually receiving a loan, compared to 41 percent nationally
  • 45 percent of Texas businesses are in need of financing due to experienced growth, and 52 percent of businesses are in need of financing due to planned growth.
  • Over half of Texas small businesses surveyed feel their growth opportunities are restricted (54 percent) and 50 percent feel their ability to hire is restricted, too.
  • One-third of Texas small businesses had to dip into personal assets to fund business growth.

TX q1 2015 pca graphic