The new survey found small businesses are spending an average of $13,000 per month on their credit cards

The ABA and ICBA have praised Congress’ decision to nullify the rule

Very few organizations have been successful in growing their relationships with this audience

The industry group said the expansion of the SBA 7(a) loan program would harm borrowers

Survey also found improved digital tools have helped banks’ services for small businesses

The rule requires banks to collect and report data on credit applicants

The United States has more banks than most of the rest of the world combined

50% of small businesses believe cash flow management tool consolidation positively impacts profitability

Banks are potentially more cautious to give out loans after the collapse of Silicon Valley Bank and Signature Bank

The market has experienced a steady decline for banks over the past two years