Key Insights from the Q3 Cash Flow Index Report from OnDeck and Ocrolus

According to the newly released the Q3 Small Business Cash Flow Trend Report conducted by Enova’s OnDeck and Ocrolus, small businesses continue to prioritize non-bank lenders to access capital over traditional funding sources – 73% of small business owners reported bypassing bank loans in favor of alternative lenders. Family-owned businesses expressed a strong desire to maintain control and build generational wealth, with 58% intending to pass their business on to family.

The report is based on responses from 525 small businesses with working capital loans and over 2 million small business applications for working capital financing. The findings provide deeper insights into the health of small businesses and what it takes to thrive in today’s economy. Read more:  https://www.ondeck.com/small-business-trends