: Lenders are increasingly using AI and machine learning for faster underwriting, while 56% of small businesses have adopted AI to streamline operations.
: Speed and flexibility are driving owners toward non-bank lenders. Approximately 74% of small businesses now prefer these solutions for working capital over traditional banks. small business financing
: Large banks have become more selective, with approval rates for small business applications dropping as low as 13% for some institutions in early 2025. : Lenders are increasingly using AI and machine
Sells unpaid invoices for immediate cash; bypasses credit checks. Early-stage/Consumer Rewards-based (Kickstarter) or equity-based (Wefunder). 3. Current Interest Rate Landscape (April 2026) 2025 U.S. Small Business Funding Report by Cardiff small business financing