American Small Business Owners are Loading up their Personal Credit Card Debt at an Astounding Rate, And this is Very Bad for Business

The inflationary environment that small business owners are encountering right now, means that their businesses are spending more for everything and this has a direct effect on credit approvals. Nearly half of small businesses (45%) identified rising costs as the biggest challenge facing them today. Business owner personal credit usage is compounding the ever increasing ‘credit crunch’ for small businesses.

Learn more