In a recent report, Third Way examines the barriers affecting business creation and growth in the U.S., noting that “lending to small businesses has failed to return to pre-recession levels. With businesses critical to economic growth, Third Way proposes solutions to┬áreverse current trends.

“When the regional Federal Reserve banks surveyed new and small business owners in 2015, startup owners ranked credit availability as their fourth most important business challenge, behind cash flow, costs of running a business, and hiring qualified staff. Furthermore, microbusinesses (firms with annual revenue under $100,000) and startups (firms under two years old) have a harder time accessing credit than their peers. In fact, 63% of microbusinesses and 58% of startups were unable to fulfill their funding needs.”

To view the full report from Third Way, click here.