The Small Business Financing Trends of 2021

Despite the devastation brought on by the COVID-19 pandemic, there are reasons for small businesses to be optimistic heading into 2021: Situs Nonton Movie Sub Indo A vaccine is rolling out, another round of the Paycheck Protection Program is coming and lenders are open for business again.

Capital One recently surveyed small business owners and found that 67% expressed confidence that their businesses will return to pre-pandemic operations and revenue in 2021. Meanwhile, 60% of small business owners think the outlook for the U.S. economy will be favorable in the new year.

“Folks are feeling a lot more optimistic in 2021,” Sameer Gulati, President and COO of Plastiq told business.com. “Things should start reopening and growing again in the third or fourth quarter.”

That’s not to say business will be back to normal for the typical small business owner. Millions of enterprises have been hurt during the pandemic, many forced to close their doors forever. But, the ones that have been hanging on and surviving will have more financing options than were available in 2020.