Biz2Credit Small Business Earnings Report™
This trend has continued into the new year.
About the Report
Biz2Credit Small Business Earnings Report examines the financial performance of businesses that applied for credit from Biz2Credit.
The study looks at the performance of small to mid-sized firms -- from early stage to established companies in the U.S. that applied for credit. It’s intended to provide a snapshot of the financial health of businesses nationwide across a wide range of industries.
Key Findings
January 2025 were $32,300.
were $758,100.
average revenues are up $169,600
($758,100 - $588,500).
average expenses are up $213,800
($725,800 - $512,000).
average earnings are down by $44,200
($32,300 - $76,500).
a slight decrease from
January 2024 (3.1%).
2024 Review
Takeaways
January was rough for small business owners. Impacted by rising costs, those surveyed showed a three-year low in earnings to start the new year, despite increased revenue. Additionally, looming tariffs and a dizzying news cycle have left some business operators uneasy. Optimism remains high, but dipped slightly according to the National Federation of Independent Businesses.
However, sunnier days on the horizon. Our data indicates small businesses see higher earnings during warmer months. Additionally, data from Mastercard suggests potential interest rate cuts in Q3, along with slowing inflation.
Methodology
Biz2Credit pulled over 100,000 complete financing applications submitted between January 2022 and January 2025. This report examines a number of variables including annual revenue, operating expenses, age of business, credit score, approval rate, and funding rate.
Term Loans are made by Itria Ventures LLC or Cross River Bank, Member FDIC. This is not a deposit product. California residents: Itria Ventures LLC is licensed by the Department of Financial Protection and Innovation. Loans are made or arranged pursuant to California Financing Law License # 60DBO-35839