The Associated Press
NEW YORK — Banks are making it easier for small businesses to get loans, and they’re giving companies better terms and lower interest rates.
That’s the conclusion of researchers at Pepperdine University’s Graziadio School of Business and Management and Dun & Bradstreet Credibility Corp., who Wednesday released the results of a survey on small business financing.
Forty-four percent of the small businesses surveyed last month said they received bank loans during the previous three months. That’s a sizeable increase from 39 percent in February and 34 percent last fall.
The Pepperdine Private Capital Access Index for small businesses rose to 27.7 from 27.1 in February. It measures companies’ demand for and ease in getting financing, including loans.