Small Business Economy Lacks Confidence Needed For Growth

NEW YORK, Oct. 2, 2015, NASDAQ, NEWT, /PRNewswire/  Newtek Business Services Corp., (NASDAQ: NEWT) (www.thesba.com) The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 1,300 respondents, the key finding from the September survey is 96% of business owners have not been denied access to a traditional bank loan. Additionally, 91% of business owners do not need capital to expand, advertise, or purchase inventory. The full September 2015 results showed the following: Poll Question Poll Answer 2015 Percentage 2014 Percentage Has your company been denied access to a traditional bank loan? Yes 4% 7% No 96% 93% Does your business need capital to expand, advertise or purchase inventory? Yes 9% 11% No 91% 89%
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