A recent survey of small companies with lines of credit found that only 25% actually use them.

Question

Quizplus · Accepted Answer

Surveys and studies on the usage of lines of credit by small companies vary, and there is no single recent survey that definitively states that only 25% of small companies with lines of credit actually use them. Usage rates can depend on various factors including economic conditions, the sector in which the company operates, and the specific needs of the business.

A Recent Survey of Small Companies with Lines of Credit