Newest State of Small Enterprise Survey from IOU Monetary additionally reveals stronger-than-expected efficiency in 2022, optimistic present state and decreased issues concerning the future.

ATLANTA, Jan. 18, 2023 /CNW/ – IOU FINANCIAL INC. (“IOU” or “the Firm”) (TSXV: IOU), a number one on-line lender to small companies (, revealed as we speak their January 2023 State of Small Enterprise Survey revealing a optimistic outlook for small enterprise in 2023.

Highlights from the responses supplied by small enterprise homeowners embody:

  • 64% reported that their enterprise carried out higher than anticipated within the 2ndnd half of 2022;
  • 85% charge their present state of enterprise “optimistic” or “very positively”;
  • 88% count on their enterprise efficiency to enhance within the 1st half of 2023;
  • Considerations about inflation, recession, staffing, client demand and public well being have all decreased since July 2022;
  • 61% “undoubtedly” and 27% will “possibly” spend money on their enterprise within the 1st half of 2023.

“The resilience and optimism of small enterprise homeowners is a supply of inspiration for us,” mentioned Carl Brabander, EVP Technique of IOU Monetary. “IOU Monetary is proud to gas the expansion plans of small enterprise homeowners at a time when there have been so many blended messages being promoted within the media.”

IOU’s newest State of Small Enterprise Survey is predicated on the responses of 175 small enterprise homeowners supplied in December 2022, offering a margin of error of seven% with a confidence stage of 95%. The complete report in PDF type is on the market right here.

IOU Monetary affords time period loans of up US$1.5 million over 36 months, in addition to the IOU Money-Again Time period Mortgage that gives a rebate of three% to purchasers with an ideal compensation historical past.

About IOU Monetary Inc.

IOU Monetary Inc. is a wholesale lender that gives fast and easy accessibility to development capital to small companies by means of a community of most popular brokers throughout the US and Canada. Constructed on its proprietary IOU360 expertise platform that connects underwriters, retailers and brokers in actual time, IOU Monetary has change into a trusted different to banks by originating over US$1 billion in loans to fund small enterprise development since 2009. IOU was named one of many 50 Greatest Locations to Work in Fintech for 2022 by American Banker and trades on the TSX Enterprise Change below the image IOU (TSXV: IOU), and on the US OTC markets as IOUFF. To be taught extra about IOU Monetary’s company historical past, monetary merchandise, or to affix our dealer community please go to

Ahead Wanting Statements

Sure data set forth on this information launch might include forward-looking statements. Ahead wanting statements are statements, aside from statements of historic reality, that tackle or focus on actions, occasions or developments that IOU expects or anticipates might happen sooner or later. These forward-looking statements will be recognized by means of phrases and phrases corresponding to “anticipates”, “believes”, “estimates”, “expects”, “might”, “plans”, “tasks”, “ought to”, “will “, “intends”, “seeks”, “permits”, “creates a path for”, “places ready to” or the detrimental thereof or different variations thereon. These forward-looking statements are topic to and contain substantial identified and unknown dangers and uncertainties, sure of that are past the management of IOU, together with, however not restricted to, the impression of common financial situations, business situations, dependence upon regulatory and shareholders approvals, the uncertainty of acquiring extra financing, dangers associated to the Firm’s incapacity to execute on its marketing strategy, dependence on third-party service suppliers, competitors, dependence on key personnel, safety and confidentiality danger, technological improvement danger, IT disruptions, upkeep of shopper relationships, and litigation danger. No assurance will be on condition that any of the occasions anticipated by such statements will happen or, in the event that they do happen, what advantages the IOU will derive from them. Readers are cautioned that the assumptions used within the preparation of such data, though thought of affordable on the time of preparation, might show to be imprecise and, as such, undue reliance shouldn’t be positioned on forward-looking statements. IOU doesn’t assume any obligation to replace or revise its forward-looking statements, whether or not because of new data, future occasions, or in any other case. Extra data regarding these and different components will be discovered starting on web page 20 below the heading “Dangers and Uncertainties” in IOU’s administration’s dialogue and evaluation dated November 18, 2022which is on the market below IOU’s profile on SEDAR at

Neither TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts accountability for the adequacy or accuracy of this launch.

SOURCE IOU Monetary Inc.

For additional data: IOU Monetary media inquiries: [email protected]

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