Small Businesses Appear Optimistic About Growth Despite Critical Cash Flow Issues, According to Latest Pathward Research
Pathward Financial, Inc. (CASH)
Last pathward financial, inc. earnings: 4/22 04:15 pm
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Company Research
Source: Business Wire
Pathward Surveyed 1,000 Small Business Owners to Identify Financing Needs SIOUX FALLS, S.D.--(BUSINESS WIRE)--Pathward®, N.A., today announced the release of its “Small Business Credit Habits and Needs” report, which found that while one in three small businesses have struggled with cash flow in the changing economy, 70% consider themselves to be in growth mode.Based on a survey of 1,000 small business owners and executive decision-makers, the report aims to uncover their financing needs compared to the loan products available to them. Despite indicating optimism for future growth, the survey results reveal Main Street has been faced with critical cash flow issues. Seventy-seven percent (77%) of small businesses reported having just enough cash to remain operational, and 56% anticipated needing funding in the coming year.“Accessible financing is one of the most critical levers of small business success. When a company’s cash flow is under pressure, the inability to deliver on goals
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- 3/15/24 - Form 144
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