Small Businesses Grow Choosier About Credit

Small and medium-sized businesses (SMBs) have plenty of uses for credit, but that does not mean they always want to borrow. That distinction is showing up across the SMB credit market, where data and quarterly earnings point to growing deliberation before businesses take on more debt. In discussing second quarter results earlier this week, LendingTree said business owners became markedly more cautious about taking on financing, even as lenders began returning to the market.