Business card use rises in 2013

By  and 

Credit card use in 2013 for small businesses was up, owners reported to the National Small Business Association.

In its 2013 Year-End Economic Report, the association's survey found credit cards were used for financing in 2013 by 33 percent of those polled, up from 31 percent in 2012.

In the study, 41 percent of small-business owners polled said bank loans were their leading type of financing used in 2013, down from 45 percent in 2012. The 2013 bank-loan numbers included large banks, which made up 20 percent of financing used; community banks at 19 percent; and credit unions at 3 percent.

The online poll was conducted from Jan. 6-24, 2014, and included 1,395 small-business owners. Both members and nonmembers of the group participated, and they came from multiple states and business sectors.


See related: Time to refinance small-business debt? Five questions to ask, More infographics

To use the graphic on your site, use the following code:

 <center><a href=""><img alt=" infographic: Business card use up in 2013" border="0" src="" /></a> </center>

Published: March 31, 2014

Join the discussion
We encourage an active and insightful conversation among our users. Please help us keep our community civil and respectful. For your safety, do not disclose confidential or personal information such as bank account numbers or social security numbers. Anything you post may be disclosed, published, transmitted or reused.

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.

The editorial content on is not sponsored by any bank or credit card issuer. The journalists in the editorial department are separate from the company's business operations. The comments posted below are not provided, reviewed or approved by any company mentioned in our editorial content. Additionally, any companies mentioned in the content do not assume responsibility to ensure that all posts and/or questions are answered.

Follow Us

Updated: 10-22-2016

Weekly newsletter
Get the latest news, advice, articles and tips delivered to your inbox. It's FREE.