Business

Half of small business owners say they need more financing now than they did a year ago

April 30. With Small Business Week starting May 4, two out of five small business owners say the occasion helps their business, according to WalletHub’s new Small Business Survey.

Rising Demand for Funding: 53% of small business owners say they need more financing now than they did a year ago.

Optimism for Growth: More than 3 in 5 small business owners believe now is a good time for a small business to grow.

Small Business Week Boost: 40% of small business owners think Small Business Week helps their business.

Tariffs Are Bad for Business: 66% of small business owners say tariffs are not good for small businesses.

Taxes Tough on Small Biz: 33% of small business owners say that taxes are their biggest frustration, while 24% cite inflation and 14% point to borrowing.

Google Not a Friend to Small Biz: More than half of small business owners believe Google doesn’t treat small businesses fairly.

Best Business Credit Card: Capital One Spark Cash Plus is the best business credit card overall because it offers an initial bonus of up to $2,000 and gives 2% cash back on all purchases.

Best Business Bank Account: Prime Alliance Bank Business Savings is the best business bank account overall because it has an APY of 4.00%.

The good news is that some great options are available, as the best business credit cards can easily save you thousands of dollars. The bad news is that Google might not show you the best options. 

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