Small Businesses Cautious About Growth and Expansion Heading into First Quarter 2019 @GraziadioSchool @DnBUSRamon Ray
From Dun and Bradstreet – Small businesses expressed caution about borrowing capital for growth and expansion in the year ahead, according to the latest Private Capital Access Index (PCA Index) from Dun & Bradstreet and Pepperdine Graziadio Business School.
Thirty-three (33%) of surveyed small (<$5 million in revenue) and mid-sized ($5 – $100 million) businesses reported raising or attempting to raise financing for growth or expansion in the past three months, compared to forty-three (43%) that reported doing so in Q1 2018. Fifty-seven (57%) of businesses in Q1 2019 said demand for financing was for planned growth and expansion compared to sixty-five (65%) in Q1 2018.
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