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Where small businesses are finding money (Infographic)

Where do small businesses get their funding? Take a look at this infographic.
By Kathleen Davis |


Access to capital is one of the most important factors in successfully starting or growing your business, but finding enough money may be a problem for many small-business owners. According to a 2012 survey from the National Small Business Association (NSBA), 47% of small businesses were unable to find a lender in the previous four years.



Those founders that did secure funds did so largely through banks, with 60% getting loans from large banks, and 47% from smaller community banks.


While the majority of small-business owners surveyed didn't have to close their businesses due to lack of money, more than half (53%) reported that it hindered growth or expansion.


Related: Entrepreneurs see brighter days for their business, not the economy

For more details on how small businesses are finding loans, take a look at the infographic below from accounting software firm Intuit.


small business money access




Copyright 2013 Entrepreneur Media, Inc. All rights reserved.
This article originally appeared on Minor edits have been done by the editor.

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