The latest Biz2Credit Small Business Lending Index – which provides monthly analysis of loan applications – found that business credit approvals in June by both big and small banks were up from the previous month. It’s difficult to assess whether this is the start of a trend or just another bump on what has been a rollercoaster ride of borrowing and lending over the last four years.

According to a new survey by the National Small Business Association, nearly half of small business owners needing additional funds, still are unable to find business lines of credit or commercial financing despite good payment histories. Nearly half of small businesses with an existing business line of credit, found the bank suddenly changed the rules in the middle of the game: they were forced to pay the loan off early or their line of credit was reduced.

In this tight lending climate, there are other options for small businesses needing access to capital. There are a variety of recapitalization solutions, such as asset based lending, that can be customized to match the needs of each particular business and provide a reliable source of working capital going forward.

To find out more about financing options for your business:

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