This statistic presents the reasons why small businesses in the United States didn't receive financing they applied for in 2019. In that year, 44 percent of the U.S. companies reported that having too much debt already was the reason why the financing they applied for was rejected.
Reasons for not receiving financing by small businesses in the United States in 2019
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New York Fed, & Philadelphia Fed. (April 30, 2020). Reasons for not receiving financing by small businesses in the United States in 2019 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/427182/reasons-for-businesses-not-receiving-full-financing-usa/
New York Fed, und Philadelphia Fed. "Reasons for not receiving financing by small businesses in the United States in 2019." Chart. April 30, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/427182/reasons-for-businesses-not-receiving-full-financing-usa/
New York Fed, Philadelphia Fed. (2020). Reasons for not receiving financing by small businesses in the United States in 2019. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/427182/reasons-for-businesses-not-receiving-full-financing-usa/
New York Fed, and Philadelphia Fed. "Reasons for Not Receiving Financing by Small Businesses in The United States in 2019." Statista, Statista Inc., 30 Apr 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/427182/reasons-for-businesses-not-receiving-full-financing-usa/
New York Fed & Philadelphia Fed, Reasons for not receiving financing by small businesses in the United States in 2019 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/427182/reasons-for-businesses-not-receiving-full-financing-usa/ (last visited November 10, 2024)
Reasons for not receiving financing by small businesses in the United States in 2019 [Graph], New York Fed, & Philadelphia Fed, April 30, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/427182/reasons-for-businesses-not-receiving-full-financing-usa/