It has just been reported in “The Private Capital Access PCA Index Q2, 2013 report in partnership with Dun & Bradstreet Credibility Corp., measures the demand for capital and financing activity for privately-held businesses. Privately held businesses continue to find it difficult to raise new financing in the current business environment, according to 59 percent of small business owners who responded in the second quarter survey results. Only 33 percent of those who applied for business loans from a bank were successful. The research also shows that many small business owners are tapping into their personal assets to fill financing gaps with 41% of business owners saying they transferred personal assets to their business over the last three months.
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Via EPR Network
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