The State of Small Business Lending: Credit Access during the Recovery and How Technology May Change the Game

July 22, 2014

Small businesses are core to America’s economic competitiveness. Not only do they employ half of the nation’s private sector workforce – about 120 million people – but since 1995 they have created approximately two‐thirds of the net new jobs in our country. Yet in recent years, small businesses have been slow to recover from a recession and credit crisis that hit them especially hard. This lag has prompted the question, “Is there a credit gap in small business lending?”

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Bunker Labs

Founded in 2014, Bunker Labs is a national not-for-profit program. We believe veterans are our greatest national human asset – we aim to inspire, educate, and connect transitioning service members and veterans as they seek to launch their own ventures. Our locations nation-wide provide our members with weekly programming and entrepreneurship classes, a support network of 500+ professionals, access to fundraising, and more.

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To say today’s workforce is in flux is an understatement. The evolution of work has always been affected by technology, demographics, and social dynamics, and major events can force momentous shifts.

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Cisco Annual Internet Report (2018–2023)

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The Cisco Annual Internet Report is a global forecast/analysis that assesses digital transformation across various business segments (enterprise, small-to-medium business, public sector, and service provider). The report covers fixed broadband, Wi-Fi, and mobile (3G, 4G, 5G) networking. Quantitative projections are provided on the growth of Internet users, devices and connections as well as network performance and new application requirements. Qualitative analyses and assessments are also provided in four strategic areas: applications, security, infrastructure transformation, and empowering employees and teams.

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Ecommerce adoption has accelerated in the face of COVID-19, making it even more important for retailers to integrate online and offline sales channels into a cohesive experience. Retailers need a comprehensive, up-to-date omnichannel strategy that considers how consumer needs and behaviors have changed and recalibrates their understanding of their target customer.

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Australian Small Business Responses to the COVID-19 pandemic

whitePaper | April 12, 2021

Small businesses (those with less than 20 employees) make up nearly 98% of all Australian businesses. Responding to the COVID-19 crisis has presented small businesses with new challenges, and there is evidence that many are looking to alternative solutions for survival in the longer term. This paper presents recent evidence which can be summed up as a focus on business innovation, flexibility, and agility.

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whitePaper | November 3, 2021

The challenges of today and tomorrow’s cybersecurity requirements can’t be met using yesterday’s thinking. A holistic, built-in approach that is intelligent and automated is required to quickly adapt to whatever unexpected changes come your way. Dell Technologies calls this approach “intrinsic security.” Discover how Intrinsic Security approach allows you to be proactive instead of reactive when managing your company’s cybersecurity needs.

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small business finance FAQ

whitePaper | February 24, 2022

Small businesses borrow mainly for four reasons: to start a business, purchase inventory, expand, or to strengthen the firm’s financial health. Firms choose different means of financing depending on the intended purpose.

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Spotlight

Bunker Labs

Founded in 2014, Bunker Labs is a national not-for-profit program. We believe veterans are our greatest national human asset – we aim to inspire, educate, and connect transitioning service members and veterans as they seek to launch their own ventures. Our locations nation-wide provide our members with weekly programming and entrepreneurship classes, a support network of 500+ professionals, access to fundraising, and more.

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