Among small businesses reporting higher credit card use, what is the primary reason why?

Respondents: 1,186 Black business owners and 2,016 non-Black business owners throughout the US | age 18+

Black

Non-Black

Emergency funding for immediate costs

39%

32%

Investments for future business growth

30%

41%

Rewards and benefits (cashback, travel miles, discounts)

18%

15%

Build credit history

12%

None of the above