A new report from online small business lending platform Lendio shows how Delaware small businesses seeking loans stack up against the rest of the U.S.

Delaware borrowers were in business a shorter length of time (6.6 years compared with 7.8 years nationally) but had substantially higher average annual income ($2.2 million compared with about $807,000), according to the report, which covers fourth quarter 2019.

Just under $422,000 in loans were funded in Delaware through Lendio in the three months ended Dec. 31.

The average loan size was $9,170.

Click here to read the Lendio report.

The Delaware Division of Small Business wants to help you start and grow your business in Delaware.

Contact us to see how we can help you.