If Small Businesses Can’t Rely on Banks in a Downturn... - Small Business Currents
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1 Articles
If Small Businesses Can’t Rely on Banks in a Downturn... - Small Business Currents
A recent PYMNTS report surveying more than 500 small businesses found that without financing, 1-in-5 SMBs feared they might not be able to survive the current wave of tariffs. Recent research from J.P. Morgan found that the average small business has less than a month of cash on hand. SMBs sit on a knife-edge and are disproportionately impacted by swings in the economy. Uncertainty seems to be the only constant in 2025, other than the resilience…
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