The value of small business loans outstanding hit a high of $711.5 billion in 2008, and subsequently fell for five straight years, with some growth resuming in 2014 and 2015. The 2015 level came in at $599.3 billion, which is roughly where the small business loan level was in 2005. That’s a decade of no growth.
On the other side of the finance coin, equity capital is stagnant as well. Citing data on Angel investing individuals that are willing to embrace risk and support a young business the numbers are disappointing. Keating shares;