The graph below was created using Google’s graph tools.
The vertical graph shows the percentage of small businesses (less than 50 employees) using credit cards (either personal or business credit cards or both) in 2009. The graph also shows the percentages of these small business credit card users that use their credit cards as a source of credit, meaning that balances are carried on the cards from month to month.
The data in the graph was taken from a Federal Reserve System report to Congress tilted “Report to the Congress on the Use of Credit Cards by Small Businesses and the Credit Card Market for Small Businesses”. This report (PDF file) can be read by clicking here. Other Federal Reserve reports to Congress can be accessed by clicking here.
Data on this graph and in the report could be useful to small companies in comparing their use of credit cards and credit card credit (debt) to other small companies.