{
  "schema_version": "1.0.0",
  "title": "Small Business Cash Flow Statistics 2026",
  "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/",
  "published": "2026-09-12",
  "modified": "2026-09-12",
  "accessed": "2026-09-12",
  "language": "en",
  "scope": "U.S. small employer firms with 1–499 employees; weighted, nonrandom Small Business Credit Survey sample",
  "geography": "United States",
  "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
  "editorial_owner": "Workspace369 editorial team",
  "review_cadence": "Review annually when the next primary release is available; check source links quarterly.",
  "attribution": "Reported observations belong to the original producers. Workspace369 is responsible for the compilation and explicitly labeled calculations, not an original survey.",
  "methodology": [
    "We extracted the Employer firms worksheet of the Federal Reserve Banks’ 2025 Small Business Credit Survey appendix, published March 3, 2026. The original workbook fingerprint and individual cell locators are supplied.",
    "The survey ran September 3–November 14, 2025 and received 6,525 employer-firm responses. Question sample sizes differ because of routing and nonresponse. The tables preserve each question’s denominator and its published confidence interval.",
    "The SBCS uses a convenience sample, weighted to improve representation. Its published confidence intervals do not remove possible selection or nonresponse bias. These are not results from a random census of all small businesses.",
    "Financial-challenge questions changed in 2025. We do not splice these responses into a year-over-year trend or equate financing received with loan approval rates."
  ],
  "limitations": [
    "This report excludes nonemployer businesses and does not measure every U.S. freelancer or sole proprietor.",
    "Cash-flow challenges are self-reported experiences, not measured bank balances, cash runway or a probability of failure.",
    "Multiple-response shares overlap. Some confidence intervals appear asymmetric because point estimates and interval endpoints are rounded differently."
  ],
  "sources": [
    {
      "id": "fed",
      "publisher": "Federal Reserve Banks",
      "title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "publicationDate": "2026-03-03",
      "accessed": "2026-09-12",
      "primarySource": true,
      "license": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "sha256": "ce5b80dcbaad11ce294e7c2c60a29dd48eaac3f74904ed3554c190f7977a3958"
    },
    {
      "id": "fed-report",
      "publisher": "Federal Reserve Banks",
      "title": "2026 Report on Employer Firms: report, methods and questionnaire",
      "url": "https://www.fedsmallbusiness.org/reports/survey/2026/2026-report-on-employer-firms",
      "publicationDate": "2026-03-03",
      "accessed": "2026-09-12",
      "primarySource": true,
      "license": "Federal Reserve Banks publication. Consult original reuse terms; attribution required."
    }
  ],
  "statistics": [
    {
      "stat_id": "challenges-0",
      "claim": "All employer-firm respondents to the financial-challenges question: increased costs of goods, services, and/or wages: 73% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 73,
      "unit": "percent",
      "population": "All employer-firm respondents to the financial-challenges question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D355; Financial challenges, prior 12 months; Increased costs of goods, services, and/or wages",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6500 at Employer firms!E355; published 95% confidence interval (70.9%, 74.8%) at F355. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#challenges-0"
    },
    {
      "stat_id": "challenges-1",
      "claim": "All employer-firm respondents to the financial-challenges question: paying operating expenses: 54% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 54,
      "unit": "percent",
      "population": "All employer-firm respondents to the financial-challenges question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D356; Financial challenges, prior 12 months; Paying operating expenses",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6500 at Employer firms!E356; published 95% confidence interval (52.0%, 55.4%) at F356. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#challenges-1"
    },
    {
      "stat_id": "challenges-2",
      "claim": "All employer-firm respondents to the financial-challenges question: uneven cash flow (including collecting on receivables): 50% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 50,
      "unit": "percent",
      "population": "All employer-firm respondents to the financial-challenges question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D357; Financial challenges, prior 12 months; Uneven cash flow (including collecting on receivables)",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6500 at Employer firms!E357; published 95% confidence interval (47.6%, 51.6%) at F357. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#challenges-2"
    },
    {
      "stat_id": "challenges-3",
      "claim": "All employer-firm respondents to the financial-challenges question: weak sales: 48% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 48,
      "unit": "percent",
      "population": "All employer-firm respondents to the financial-challenges question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D358; Financial challenges, prior 12 months; Weak sales",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6500 at Employer firms!E358; published 95% confidence interval (46.0%, 49.8%) at F358. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#challenges-3"
    },
    {
      "stat_id": "challenges-4",
      "claim": "All employer-firm respondents to the financial-challenges question: increased costs associated with tariffs: 42% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 42,
      "unit": "percent",
      "population": "All employer-firm respondents to the financial-challenges question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D359; Financial challenges, prior 12 months; Increased costs associated with tariffs",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6500 at Employer firms!E359; published 95% confidence interval (39.6%, 44.1%) at F359. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#challenges-4"
    },
    {
      "stat_id": "challenges-5",
      "claim": "All employer-firm respondents to the financial-challenges question: making payments on debt / interest rates: 33% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 33,
      "unit": "percent",
      "population": "All employer-firm respondents to the financial-challenges question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D360; Financial challenges, prior 12 months; Making payments on debt / interest rates",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6500 at Employer firms!E360; published 95% confidence interval (30.8%, 35.4%) at F360. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#challenges-5"
    },
    {
      "stat_id": "challenges-6",
      "claim": "All employer-firm respondents to the financial-challenges question: credit availability: 29% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 29,
      "unit": "percent",
      "population": "All employer-firm respondents to the financial-challenges question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D361; Financial challenges, prior 12 months; Credit availability",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6500 at Employer firms!E361; published 95% confidence interval (27.4%, 30.5%) at F361. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#challenges-6"
    },
    {
      "stat_id": "challenges-7",
      "claim": "All employer-firm respondents to the financial-challenges question: other: 1% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 1,
      "unit": "percent",
      "population": "All employer-firm respondents to the financial-challenges question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D362; Financial challenges, prior 12 months; Other",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6500 at Employer firms!E362; published 95% confidence interval (00.3%, 00.8%) at F362. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#challenges-7"
    },
    {
      "stat_id": "challenges-8",
      "claim": "All employer-firm respondents to the financial-challenges question: did not experience any financial challenges: 6% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 6,
      "unit": "percent",
      "population": "All employer-firm respondents to the financial-challenges question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D363; Financial challenges, prior 12 months; Did not experience any financial challenges",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6500 at Employer firms!E363; published 95% confidence interval (04.9%, 06.7%) at F363. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#challenges-8"
    },
    {
      "stat_id": "actions-0",
      "claim": "Employer firms that experienced financial challenges: used personal funds: 54% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 54,
      "unit": "percent",
      "population": "Employer firms that experienced financial challenges",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D32; Actions taken in response to financial challenges, prior 12 months; Used personal funds",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6183 at Employer firms!E32; published 95% confidence interval (51.7%, 55.4%) at F32. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#actions-0"
    },
    {
      "stat_id": "actions-1",
      "claim": "Employer firms that experienced financial challenges: raised prices the business charges: 48% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 48,
      "unit": "percent",
      "population": "Employer firms that experienced financial challenges",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D33; Actions taken in response to financial challenges, prior 12 months; Raised prices the business charges",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6183 at Employer firms!E33; published 95% confidence interval (45.9%, 49.6%) at F33. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#actions-1"
    },
    {
      "stat_id": "actions-2",
      "claim": "Employer firms that experienced financial challenges: used cash reserves: 47% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 47,
      "unit": "percent",
      "population": "Employer firms that experienced financial challenges",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D34; Actions taken in response to financial challenges, prior 12 months; Used cash reserves",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6183 at Employer firms!E34; published 95% confidence interval (45.1%, 49.8%) at F34. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#actions-2"
    },
    {
      "stat_id": "actions-3",
      "claim": "Employer firms that experienced financial challenges: reduced costs: 47% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 47,
      "unit": "percent",
      "population": "Employer firms that experienced financial challenges",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D35; Actions taken in response to financial challenges, prior 12 months; Reduced costs",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6183 at Employer firms!E35; published 95% confidence interval (45.4%, 49.6%) at F35. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#actions-3"
    },
    {
      "stat_id": "actions-4",
      "claim": "Employer firms that experienced financial challenges: took out debt: 36% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 36,
      "unit": "percent",
      "population": "Employer firms that experienced financial challenges",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D36; Actions taken in response to financial challenges, prior 12 months; Took out debt",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6183 at Employer firms!E36; published 95% confidence interval (33.8%, 37.6%) at F36. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#actions-4"
    },
    {
      "stat_id": "actions-5",
      "claim": "Employer firms that experienced financial challenges: downsized operations: 31% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 31,
      "unit": "percent",
      "population": "Employer firms that experienced financial challenges",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D37; Actions taken in response to financial challenges, prior 12 months; Downsized operations",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6183 at Employer firms!E37; published 95% confidence interval (29.4%, 32.8%) at F37. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#actions-5"
    },
    {
      "stat_id": "actions-6",
      "claim": "Employer firms that experienced financial challenges: made a late payment or did not pay: 24% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 24,
      "unit": "percent",
      "population": "Employer firms that experienced financial challenges",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D38; Actions taken in response to financial challenges, prior 12 months; Made a late payment or did not pay",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6183 at Employer firms!E38; published 95% confidence interval (22.6%, 26.0%) at F38. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#actions-6"
    },
    {
      "stat_id": "actions-7",
      "claim": "Employer firms that experienced financial challenges: other: 3% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 3,
      "unit": "percent",
      "population": "Employer firms that experienced financial challenges",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D39; Actions taken in response to financial challenges, prior 12 months; Other",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6183 at Employer firms!E39; published 95% confidence interval (02.0%, 03.3%) at F39. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#actions-7"
    },
    {
      "stat_id": "actions-8",
      "claim": "Employer firms that experienced financial challenges: no action: 5% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 5,
      "unit": "percent",
      "population": "Employer firms that experienced financial challenges",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D40; Actions taken in response to financial challenges, prior 12 months; No action",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6183 at Employer firms!E40; published 95% confidence interval (04.4%, 06.5%) at F40. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#actions-8"
    },
    {
      "stat_id": "condition-0",
      "claim": "Employer-firm respondents to the financial-condition question: poor: 22% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 22,
      "unit": "percent",
      "population": "Employer-firm respondents to the financial-condition question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D364; Financial condition, at time of survey; Poor",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6523 at Employer firms!E364; published 95% confidence interval (20.6%, 23.2%) at F364. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#condition-0"
    },
    {
      "stat_id": "condition-1",
      "claim": "Employer-firm respondents to the financial-condition question: fair: 35% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 35,
      "unit": "percent",
      "population": "Employer-firm respondents to the financial-condition question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D365; Financial condition, at time of survey; Fair",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6523 at Employer firms!E365; published 95% confidence interval (33.5%, 37.4%) at F365. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#condition-1"
    },
    {
      "stat_id": "condition-2",
      "claim": "Employer-firm respondents to the financial-condition question: good: 26% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 26,
      "unit": "percent",
      "population": "Employer-firm respondents to the financial-condition question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D366; Financial condition, at time of survey; Good",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6523 at Employer firms!E366; published 95% confidence interval (24.8%, 27.6%) at F366. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#condition-2"
    },
    {
      "stat_id": "condition-3",
      "claim": "Employer-firm respondents to the financial-condition question: very good: 12% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 12,
      "unit": "percent",
      "population": "Employer-firm respondents to the financial-condition question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D367; Financial condition, at time of survey; Very good",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6523 at Employer firms!E367; published 95% confidence interval (10.6%, 12.8%) at F367. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#condition-3"
    },
    {
      "stat_id": "condition-4",
      "claim": "Employer-firm respondents to the financial-condition question: excellent: 5% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 5,
      "unit": "percent",
      "population": "Employer-firm respondents to the financial-condition question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D368; Financial condition, at time of survey; Excellent",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6523 at Employer firms!E368; published 95% confidence interval (04.3%, 05.5%) at F368. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#condition-4"
    },
    {
      "stat_id": "products-0",
      "claim": "All employer-firm respondents to the regular-financing question: credit card: 62% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 62,
      "unit": "percent",
      "population": "All employer-firm respondents to the regular-financing question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D382; Financing products regularly used; Credit card",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6525 at Employer firms!E382; published 95% confidence interval (59.7%, 63.8%) at F382. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#products-0"
    },
    {
      "stat_id": "products-1",
      "claim": "All employer-firm respondents to the regular-financing question: loan: 44% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 44,
      "unit": "percent",
      "population": "All employer-firm respondents to the regular-financing question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D383; Financing products regularly used; Loan",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6525 at Employer firms!E383; published 95% confidence interval (42.1%, 45.6%) at F383. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#products-1"
    },
    {
      "stat_id": "products-2",
      "claim": "All employer-firm respondents to the regular-financing question: line of credit: 36% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 36,
      "unit": "percent",
      "population": "All employer-firm respondents to the regular-financing question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D384; Financing products regularly used; Line of credit",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6525 at Employer firms!E384; published 95% confidence interval (34.3%, 37.5%) at F384. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#products-2"
    },
    {
      "stat_id": "products-3",
      "claim": "All employer-firm respondents to the regular-financing question: trade credit: 19% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 19,
      "unit": "percent",
      "population": "All employer-firm respondents to the regular-financing question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D385; Financing products regularly used; Trade credit",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6525 at Employer firms!E385; published 95% confidence interval (17.4%, 20.5%) at F385. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#products-3"
    },
    {
      "stat_id": "products-4",
      "claim": "All employer-firm respondents to the regular-financing question: lease: 14% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 14,
      "unit": "percent",
      "population": "All employer-firm respondents to the regular-financing question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D386; Financing products regularly used; Lease",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6525 at Employer firms!E386; published 95% confidence interval (13.3%, 15.3%) at F386. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#products-4"
    },
    {
      "stat_id": "products-5",
      "claim": "All employer-firm respondents to the regular-financing question: merchant cash advance: 7% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 7,
      "unit": "percent",
      "population": "All employer-firm respondents to the regular-financing question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D387; Financing products regularly used; Merchant cash advance",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6525 at Employer firms!E387; published 95% confidence interval (06.2%, 08.4%) at F387. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#products-5"
    },
    {
      "stat_id": "products-6",
      "claim": "All employer-firm respondents to the regular-financing question: factoring: 3% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 3,
      "unit": "percent",
      "population": "All employer-firm respondents to the regular-financing question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D388; Financing products regularly used; Factoring",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6525 at Employer firms!E388; published 95% confidence interval (02.2%, 03.3%) at F388. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#products-6"
    },
    {
      "stat_id": "products-7",
      "claim": "All employer-firm respondents to the regular-financing question: other: 0% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 0,
      "unit": "percent",
      "population": "All employer-firm respondents to the regular-financing question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D389; Financing products regularly used; Other",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6525 at Employer firms!E389; published 95% confidence interval (00.0%, 00.1%) at F389. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#products-7"
    },
    {
      "stat_id": "products-8",
      "claim": "All employer-firm respondents to the regular-financing question: business does not use external financing: 14% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 14,
      "unit": "percent",
      "population": "All employer-firm respondents to the regular-financing question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D390; Financing products regularly used; Business does not use external financing",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6525 at Employer firms!E390; published 95% confidence interval (12.5%, 15.5%) at F390. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#products-8"
    },
    {
      "stat_id": "reasons-0",
      "claim": "Employer firms that applied for financing in the prior 12 months: meet operating expenses: 56% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 56,
      "unit": "percent",
      "population": "Employer firms that applied for financing in the prior 12 months",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D520; Reasons for applying for financing, prior 12 months; Meet operating expenses",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 3638 at Employer firms!E520; published 95% confidence interval (54.0%, 59.0%) at F520. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#reasons-0"
    },
    {
      "stat_id": "reasons-1",
      "claim": "Employer firms that applied for financing in the prior 12 months: expand business, pursue new opportunity, or acquire business assets: 46% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 46,
      "unit": "percent",
      "population": "Employer firms that applied for financing in the prior 12 months",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D521; Reasons for applying for financing, prior 12 months; Expand business, pursue new opportunity, or acquire business assets",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 3638 at Employer firms!E521; published 95% confidence interval (43.3%, 49.3%) at F521. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#reasons-1"
    },
    {
      "stat_id": "reasons-2",
      "claim": "Employer firms that applied for financing in the prior 12 months: have available credit for future use as needed: 42% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 42,
      "unit": "percent",
      "population": "Employer firms that applied for financing in the prior 12 months",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D522; Reasons for applying for financing, prior 12 months; Have available credit for future use as needed",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 3638 at Employer firms!E522; published 95% confidence interval (39.1%, 45.2%) at F522. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#reasons-2"
    },
    {
      "stat_id": "reasons-3",
      "claim": "Employer firms that applied for financing in the prior 12 months: refinance or pay down debt: 28% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 28,
      "unit": "percent",
      "population": "Employer firms that applied for financing in the prior 12 months",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D523; Reasons for applying for financing, prior 12 months; Refinance or pay down debt",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 3638 at Employer firms!E523; published 95% confidence interval (26.4%, 30.5%) at F523. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#reasons-3"
    },
    {
      "stat_id": "reasons-4",
      "claim": "Employer firms that applied for financing in the prior 12 months: make repairs or replace capital assets: 26% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 26,
      "unit": "percent",
      "population": "Employer firms that applied for financing in the prior 12 months",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D524; Reasons for applying for financing, prior 12 months; Make repairs or replace capital assets",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 3638 at Employer firms!E524; published 95% confidence interval (23.9%, 29.2%) at F524. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#reasons-4"
    },
    {
      "stat_id": "reasons-5",
      "claim": "Employer firms that applied for financing in the prior 12 months: other: 0% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 0,
      "unit": "percent",
      "population": "Employer firms that applied for financing in the prior 12 months",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D525; Reasons for applying for financing, prior 12 months; Other",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 3638 at Employer firms!E525; published 95% confidence interval (00.2%, 00.7%) at F525. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#reasons-5"
    },
    {
      "stat_id": "received-0",
      "claim": "Employer firms that applied for financing in the prior 12 months: none: 22% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 22,
      "unit": "percent",
      "population": "Employer firms that applied for financing in the prior 12 months",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D574; Total financing received, prior 12 months; None",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 3654 at Employer firms!E574; published 95% confidence interval (19.4%, 25.1%) at F574. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#received-0"
    },
    {
      "stat_id": "received-1",
      "claim": "Employer firms that applied for financing in the prior 12 months: some (1–50%): 21% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 21,
      "unit": "percent",
      "population": "Employer firms that applied for financing in the prior 12 months",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D575; Total financing received, prior 12 months; Some (1–50%)",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 3654 at Employer firms!E575; published 95% confidence interval (19.1%, 23.3%) at F575. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#received-1"
    },
    {
      "stat_id": "received-2",
      "claim": "Employer firms that applied for financing in the prior 12 months: most (51–99%): 15% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 15,
      "unit": "percent",
      "population": "Employer firms that applied for financing in the prior 12 months",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D576; Total financing received, prior 12 months; Most (51–99%)",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 3654 at Employer firms!E576; published 95% confidence interval (13.3%, 16.8%) at F576. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#received-2"
    },
    {
      "stat_id": "received-3",
      "claim": "Employer firms that applied for financing in the prior 12 months: all: 42% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 42,
      "unit": "percent",
      "population": "Employer firms that applied for financing in the prior 12 months",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D577; Total financing received, prior 12 months; All",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 3654 at Employer firms!E577; published 95% confidence interval (39.3%, 44.5%) at F577. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#received-3"
    },
    {
      "stat_id": "debt-0",
      "claim": "Employer-firm respondents to the outstanding-debt question: no outstanding debt: 31% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 31,
      "unit": "percent",
      "population": "Employer-firm respondents to the outstanding-debt question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D60; Amount of outstanding debt, at time of survey; No outstanding debt",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6447 at Employer firms!E60; published 95% confidence interval (28.8%, 32.3%) at F60. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#debt-0"
    },
    {
      "stat_id": "debt-1",
      "claim": "Employer-firm respondents to the outstanding-debt question: ≤$25k: 10% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 10,
      "unit": "percent",
      "population": "Employer-firm respondents to the outstanding-debt question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D61; Amount of outstanding debt, at time of survey; ≤$25K",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6447 at Employer firms!E61; published 95% confidence interval (09.0%, 11.3%) at F61. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#debt-1"
    },
    {
      "stat_id": "debt-2",
      "claim": "Employer-firm respondents to the outstanding-debt question: $25k–$50k: 10% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 10,
      "unit": "percent",
      "population": "Employer-firm respondents to the outstanding-debt question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D62; Amount of outstanding debt, at time of survey; $25K–$50K",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6447 at Employer firms!E62; published 95% confidence interval (08.7%, 11.5%) at F62. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#debt-2"
    },
    {
      "stat_id": "debt-3",
      "claim": "Employer-firm respondents to the outstanding-debt question: $50k–$100k: 12% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 12,
      "unit": "percent",
      "population": "Employer-firm respondents to the outstanding-debt question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D63; Amount of outstanding debt, at time of survey; $50K–$100K",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6447 at Employer firms!E63; published 95% confidence interval (10.6%, 12.6%) at F63. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#debt-3"
    },
    {
      "stat_id": "debt-4",
      "claim": "Employer-firm respondents to the outstanding-debt question: $100k–$250k: 15% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 15,
      "unit": "percent",
      "population": "Employer-firm respondents to the outstanding-debt question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D64; Amount of outstanding debt, at time of survey; $100K–$250K",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6447 at Employer firms!E64; published 95% confidence interval (13.7%, 16.3%) at F64. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#debt-4"
    },
    {
      "stat_id": "debt-5",
      "claim": "Employer-firm respondents to the outstanding-debt question: $250k–$1m: 15% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 15,
      "unit": "percent",
      "population": "Employer-firm respondents to the outstanding-debt question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D65; Amount of outstanding debt, at time of survey; $250K–$1M",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6447 at Employer firms!E65; published 95% confidence interval (13.5%, 16.4%) at F65. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#debt-5"
    },
    {
      "stat_id": "debt-6",
      "claim": "Employer-firm respondents to the outstanding-debt question: >$1m: 8% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 8,
      "unit": "percent",
      "population": "Employer-firm respondents to the outstanding-debt question",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D66; Amount of outstanding debt, at time of survey; >$1M",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 6447 at Employer firms!E66; published 95% confidence interval (07.2%, 08.9%) at F66. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#debt-6"
    },
    {
      "stat_id": "collateral-0",
      "claim": "Employer firms with outstanding debt: personal guarantee: 59% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 59,
      "unit": "percent",
      "population": "Employer firms with outstanding debt",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D578; Type of collateral used to secure debt; Personal guarantee",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 4651 at Employer firms!E578; published 95% confidence interval (57.3%, 61.1%) at F578. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#collateral-0"
    },
    {
      "stat_id": "collateral-1",
      "claim": "Employer firms with outstanding debt: business assets: 51% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 51,
      "unit": "percent",
      "population": "Employer firms with outstanding debt",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D579; Type of collateral used to secure debt; Business assets",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 4651 at Employer firms!E579; published 95% confidence interval (48.8%, 53.7%) at F579. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#collateral-1"
    },
    {
      "stat_id": "collateral-2",
      "claim": "Employer firms with outstanding debt: personal assets: 38% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 38,
      "unit": "percent",
      "population": "Employer firms with outstanding debt",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D580; Type of collateral used to secure debt; Personal assets",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 4651 at Employer firms!E580; published 95% confidence interval (35.1%, 40.0%) at F580. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#collateral-2"
    },
    {
      "stat_id": "collateral-3",
      "claim": "Employer firms with outstanding debt: portions of future sales: 10% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 10,
      "unit": "percent",
      "population": "Employer firms with outstanding debt",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D581; Type of collateral used to secure debt; Portions of future sales",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 4651 at Employer firms!E581; published 95% confidence interval (08.6%, 11.1%) at F581. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#collateral-3"
    },
    {
      "stat_id": "collateral-4",
      "claim": "Employer firms with outstanding debt: other collateral or guarantee: 0% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 0,
      "unit": "percent",
      "population": "Employer firms with outstanding debt",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D582; Type of collateral used to secure debt; Other collateral or guarantee",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 4651 at Employer firms!E582; published 95% confidence interval -- at F582. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#collateral-4"
    },
    {
      "stat_id": "collateral-5",
      "claim": "Employer firms with outstanding debt: no collateral or guarantee: 10% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 10,
      "unit": "percent",
      "population": "Employer firms with outstanding debt",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D583; Type of collateral used to secure debt; No collateral or guarantee",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 4651 at Employer firms!E583; published 95% confidence interval (08.4%, 11.4%) at F583. Multiple responses allowed; categories need not sum to 100%.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#collateral-5"
    },
    {
      "stat_id": "nonapplicants-0",
      "claim": "Employer firms that did not apply for financing in the prior 12 months: not needed / had sufficient financing: 63% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 63,
      "unit": "percent",
      "population": "Employer firms that did not apply for financing in the prior 12 months",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D461; Primary reason for not applying for financing; Not needed / had sufficient financing",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 2556 at Employer firms!E461; published 95% confidence interval (60.6%, 66.0%) at F461. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#nonapplicants-0"
    },
    {
      "stat_id": "nonapplicants-1",
      "claim": "Employer firms that did not apply for financing in the prior 12 months: discouraged: 10% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 10,
      "unit": "percent",
      "population": "Employer firms that did not apply for financing in the prior 12 months",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D462; Primary reason for not applying for financing; Discouraged",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 2556 at Employer firms!E462; published 95% confidence interval (08.6%, 11.9%) at F462. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#nonapplicants-1"
    },
    {
      "stat_id": "nonapplicants-2",
      "claim": "Employer firms that did not apply for financing in the prior 12 months: debt averse: 17% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 17,
      "unit": "percent",
      "population": "Employer firms that did not apply for financing in the prior 12 months",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D463; Primary reason for not applying for financing; Debt averse",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 2556 at Employer firms!E463; published 95% confidence interval (14.5%, 19.0%) at F463. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#nonapplicants-2"
    },
    {
      "stat_id": "nonapplicants-3",
      "claim": "Employer firms that did not apply for financing in the prior 12 months: credit cost was too high: 7% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 7,
      "unit": "percent",
      "population": "Employer firms that did not apply for financing in the prior 12 months",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D464; Primary reason for not applying for financing; Credit cost was too high",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 2556 at Employer firms!E464; published 95% confidence interval (06.0%, 09.1%) at F464. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#nonapplicants-3"
    },
    {
      "stat_id": "nonapplicants-4",
      "claim": "Employer firms that did not apply for financing in the prior 12 months: application process was too difficult or confusing: 2% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 2,
      "unit": "percent",
      "population": "Employer firms that did not apply for financing in the prior 12 months",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D465; Primary reason for not applying for financing; Application process was too difficult or confusing",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 2556 at Employer firms!E465; published 95% confidence interval (01.2%, 02.7%) at F465. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#nonapplicants-4"
    },
    {
      "stat_id": "nonapplicants-5",
      "claim": "Employer firms that did not apply for financing in the prior 12 months: other: 1% (2025 survey; prior-12-month questions and conditions at the time of survey).",
      "value": 1,
      "unit": "percent",
      "population": "Employer firms that did not apply for financing in the prior 12 months",
      "geography": "United States",
      "observation_period": "2025 survey; prior-12-month questions and conditions at the time of survey",
      "publisher": "Federal Reserve Banks",
      "source_title": "2026 Report on Employer Firms: 2025 SBCS data appendix",
      "source_url": "https://www.fedsmallbusiness.org/-/media/project/clevelandfedtenant/fsbsite/reports/2026/sbcs-employer-firms-appendix-2025.xlsx",
      "source_locator": "Employer firms!D466; Primary reason for not applying for financing; Other",
      "publication_date": "2026-03-03",
      "accessed_date": "2026-09-12",
      "primary_source": true,
      "method_notes": "Weighted survey estimate, rounded by the producer to whole percentages. Nonrandom convenience sample. Question sample size 2556 at Employer firms!E466; published 95% confidence interval (00.5%, 01.3%) at F466. Single-response categories; rounding may affect totals.",
      "license_notes": "Federal Reserve Banks source data. Attribute the Small Business Credit Survey; no endorsement implied.",
      "status": "verified",
      "kind": "reported",
      "formula": null,
      "input_stat_ids": [],
      "input_source_urls": [],
      "standard_error_percentage_points": null,
      "standard_error_locator": null,
      "cohort": null,
      "age_years": null,
      "surviving_establishments": null,
      "canonical_url": "https://workspace369.com/research/small-business-cash-flow-statistics/#nonapplicants-5"
    }
  ]
}