93% of Small Businesses Expect Growth, 76% Bypass Banks, 58% Adopt AI
Enova’s OnDeck report finds 93% of small businesses expect growth in 2026 with a record 32% forecasting significant expansion, underlining strong demand for working capital. The survey shows 76% bypass traditional banks for financing, cash flow tops concerns at 31%, and 58% have adopted AI with 89% reporting benefits.
1. Key Growth Expectations
Small business confidence remains strong with 93% expecting growth over the next year and a record 32% forecasting significant expansion. This optimism underscores robust demand for working capital solutions tailored to support accelerated operations.
2. Shifting Financing Preferences
Flexible financing trends show 76% of small businesses bypassing traditional banks for capital—an all-time high. Access to credit drives 46% of strategic planning decisions, outpacing consumer spending and interest rate concerns.
3. Cash Flow Concerns Rise
Cash flow has become the top concern for 31% of small business owners, surpassing inflation at 29%. This shift highlights intensified focus on liquidity management and operational resilience.
4. Accelerating AI Adoption
AI tool usage among small businesses has climbed to 58%, with 89% of adopters reporting positive impacts on efficiency and decision-making. This trend reflects growing integration of technology into financial workflows and lending processes.