A recent study by PYMNTS Intelligence and U.S. Bank reveals that 90% of small to mid-sized businesses (SMBs) have utilized at least one type of borrowing tool in the past year. Among these, 73% favor revolving credit borrowing tools, with rewards credit cards gaining popularity due to their versatility and benefits. The study indicates that SMB borrowing practices are influenced by factors such as the owner's generation and annual revenues. Higher-revenue SMBs tend to use more borrowing tools, averaging 3.5, compared to 2.3 for lower-revenue counterparts. The research highlights that 75% of SMBs prioritize accessibility and availability of funds when selecting borrowing tools, emphasizing the importance of flexible financing solutions. Additionally, financial considerations such as favorable payment terms, lower borrowing costs, and credit score enhancement are crucial for 71% of SMBs.