Skip to content

Small Businesses Seek Financing from Established Relationships

Earlier this spring the Small Business Credit Survey (SBCS) released findings from its 2018 survey, conducted in Q3 and Q4. The SBCS is a collaboration of 12 Federal Reserve Banks, and results are based on the responses from more than 6,600 small employer firms. Information is collected about business performance, financing needs and choices, and borrowing experiences of firms with fewer than 500 employees. While the SBCS is not a random sample, it sheds light on cumulative lending trends.

Of note, the survey found that more often, applicants chose a lender based on their existing banking relationship. In fact, 65 percent of those who chose a small bank for their lending did so based on their existing relationship with the bank, versus 31 percent of those who went with online lenders and 58 percent who went with large banks.

Here are some other highlights from the survey:

-A majority reported revenue growth and one-third reported adding employees in 2018.

-Credit demand remained steady last year, with over half of those surveyed seeking out new funding.

-Results indicated that overall satisfaction levels were higher with small and large banks versus online lenders.

If you are looking to retain more working capital and improve the cash flow of your small business, we’d love to start a conversation about your needs and how we can help. Learn more about Allegiance Bank SBA lending.

Receive News and Insights from Allegiance Bank

Stay Connected

Enter your name and email address to receive Allegiance Bank news in your inbox.

When users fill out this form, they are requesting to be added to Allegiance Bank's email distribution list.


Paola Than Named to ICBA Independent Banker’s 40 Under 40

Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America® (ICBA), unveiled its annual…

Learn More >

Rachel’s PPP Story

Woman-owned business and Allegiance customer Identity Plus LLC experienced firsthand the positive economic impact of PPP loans.

Learn More >

Rent, Buy, Refinance: 5 Questions to Guide Your Decision

Whether you’re a first-time homebuyer or a current owner looking to sell or refinance, there are a few key questions that should help guide your decision.

Learn More >

Banker Spotlight: Paola Than

At Allegiance, we serve our communities and each other. In today’s Banker Spotlight we recognize Compliance Officer Paola Than.

Learn More >

Our Specialty

A Note From the Chairman | In just a matter of weeks we have now completed thousands of them for hundreds of millions of dollars that have been going straight into our community to help small businesses manage their payrolls.

Learn More >

CARES Act Customer Update

With the signing of the CARES Act (the “Act”) into law on Friday, March 27, we have updated our SBA page to provide information on the SBA Paycheck Protection Program (PPP).

Learn More >

5 Ways to Boost Your Financial Health Amidst COVID-19

Financial decisions can feel complex and hard even under normal circumstances. If the current market volatility has…

Learn More >

4 Simple Financial Fitness Activities that Parents & Students Can Do at Home

With COVID-19 driving widespread closures of our nation’s schools, many parents are facing new obstacles that they…

Learn More >

Ready, Set, Wait

Now is the time that your community bank relationship presents its value most clearly. Business planning is critical. Your banker is a valuable resource.

Learn More >

Introducing SecurLOCK Equip: Prevent Debit Card Fraud and Control Spending

Mobile technology that allows you to start/stop your debit card and receive real-time notifications.

Learn More >