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New Report: 93% of Small Businesses Expect Growth in 2026

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Enova (NASDAQ:ENVA) highlighted small business resilience in 2026: 93% expect growth next year and 32% expect significant growth. Cash flow is the top concern at 31%, while 76%+ bypass traditional banks for capital. AI use rises to 58%, with 89% of users reporting positive effects. The findings come from 651 surveyed small businesses and 3.69 million working-capital applications, with survey fieldwork March 4–10, 2026.

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Positive

  • 93% of small businesses expect growth in the next year
  • 32% expect significant growth (survey all-time high)
  • 58% report using AI; 89% of AI users see positive impact
  • 76%+ are bypassing traditional banks for capital (survey all-time high)
  • 46% cite access to credit as primary factor in 2026 planning

Negative

  • Cash flow is the top concern for 31% of small businesses, surpassing inflation
  • High dependence on nonbank financing: over 76% bypass traditional banks

News Market Reaction – ENVA

+0.90%
+0.90% Session close to close

In the May 1 session, ENVA gained 0.90%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights strong small business confidence for 2026, with 93% expecting growth an...
Analysis

This announcement highlights strong small business confidence for 2026, with 93% expecting growth and 58% already using AI, most reporting positive impact. It also notes rising cash flow concerns and a clear shift away from traditional banks for financing. For ENVA, this fits with recent earnings showing growth in loans and receivables. Investors may watch future reports for changes in credit demand, AI adoption, and how cash flow pressures affect borrowing behavior.

Key Figures

Growth expectations: 93% of businesses Significant growth: 32% of businesses Cash flow concern: 31% of owners +5 more
8 metrics
Growth expectations 93% of businesses Expect growth in the next year
Significant growth 32% of businesses Expect significant growth, survey all-time high
Cash flow concern 31% of owners Ranked cash flow as top concern
Bypass banks Over 76% of businesses Bypass traditional banks for capital
Access to credit 46% of respondents Named access to credit as leading strategy factor
AI adoption 58% of businesses Report using AI in operations
Positive AI impact 89% of AI users Report AI has positive impact on business
Survey sample 651 businesses; 3.69M+ applications Survey base over past 15 months

Historical Context

5 past events · Latest: Apr 23 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 23 Q1 2026 earnings Positive -1.6% Strong Q1 revenue, EPS growth, record loans and liquidity metrics.
Apr 09 Earnings call date Neutral -0.1% Announcement of Q1 2026 results release and conference call timing.
Jan 28 AI and trends report Positive +1.0% Survey showing high small business growth expectations and rising AI use.
Jan 27 Q4/FY 2025 earnings Positive +1.0% Strong Q4 and FY 2025 results with record receivables and solid credit metrics.
Jan 13 Earnings call date Neutral +1.4% Scheduling details for Q4 and full-year 2025 earnings call and webcast.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Earnings and data-heavy updates have generally seen price moves align with the positive tone, with one recent earnings report showing a mild divergence.

Recent Company History

Over the last six months, ENVA has reported strong fundamentals, including record loans and receivables and rising revenue and EPS in both Q4 2025 and Q1 2026. It has also expanded funding facilities and highlighted resilient small business demand and growing AI adoption, similar in theme to today’s report. Price reactions were modest, with one negative move after the recent Q1 earnings but mostly positive or flat responses to earnings and survey updates.

Key Terms

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1 terms
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"New data also shows AI adoption continues to rise and small business owners..."
Artificial intelligence (AI) is technology that enables machines to mimic human thinking and learning, allowing them to analyze information, recognize patterns, and make decisions. For investors, AI matters because it can improve how businesses operate, create new products, or identify opportunities faster and more accurately than humans alone, potentially impacting company success and market trends.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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New data also shows AI adoption continues to rise and small business owners increasingly bypass traditional banks as financing patterns shift

CHICAGO, May 1, 2026 /PRNewswire/ -- Small businesses are maintaining strong momentum in 2026, with sustained confidence in growth, increasing use of AI and continued reliance on flexible financing options, according to the latest Small Business Cash Flow Trend Report from OnDeck, a market leader in small business lending, and Ocrolus, an AI workflow and cash flow analytics platform for lenders.

Key findings include:

  • Growth Expectations. Small business optimism remains high, with 93% of businesses expecting growth in the next year and 32% expecting significant growth — a survey all-time high.
  • Top Challenges. Cash flow emerged as the top concern for small business owners (31%) for the first time, surpassing inflation (29%).
  • Lender Preference. Over 76% of small businesses report bypassing traditional banks for capital, a survey all-time high.
  • 2026 Planning Strategies. Access to credit was the leading factor shaping small business strategy (46%), followed by consumer spending (42%) and interest rates (35%), while external macro risks such as trade policy (14%) ranked lower in Q1 — consistent with previous quarters.
  • AI Adoption. Fifty-eight percent of small businesses report using AI, continuing the steady upward trend seen in 2025, with 89% of users reporting a positive impact on their business.

"Small businesses aren't slowing down — they're planning ahead, investing in growth and finding new ways to operate more efficiently. At OnDeck, we're focused on helping them access the capital they need to keep that momentum going," said Cory Kampfer, Co-President of Small Business Lending at Enova.

"Small businesses are showing a high level of adaptability as they move through 2026," said David Snitkof, General Manager of Small Business at Ocrolus. "Whether it's adjusting pricing, exploring new suppliers, or leveraging AI, owners are making deliberate choices supported by better data and clearer visibility into their financial performance."

The report is based on responses from 651 small businesses with working capital loans and over 3.69 million small business applications for working capital financing during the past 15 months. The nationwide survey was completed between March 4–10, 2026. For more information and complete survey results, please visit ondeck.com/small-business-trends.

About OnDeck®
OnDeck®, part of Enova International, is the proven leader in transparent and responsible online lending to small businesses. Founded in 2006, the company pioneered the use of data analytics and digital technology to make real-time lending decisions and deliver capital rapidly to small businesses online. Today, OnDeck offers a wide range of term loans and lines of credit customized for the needs of small business owners. OnDeck has provided loans to customers in 900 different industries nationwide. For more information, visit www.ondeck.com.

About Enova
Enova International (NYSE: ENVA) is a leading online financial services company that serves small businesses and consumers who are underserved by traditional banks. For over 20 years, Enova has provided approximately $70 billion in loans and financing to nearly 15 million customers by offering a suite of market-leading products powered by the company's world-class analytics, machine learning algorithms and proprietary technology. You can learn more about the company and its portfolio of businesses at www.enova.com.

About Ocrolus
Ocrolus is a vertical AI workflow and analytics platform that transforms financial documents and digital data into regulatory-grade decision intelligence. Purpose-built for lending since 2016, the platform analyzes roughly 750,000 credit applications each month with industry-leading accuracy — enabling financial institutions to make faster, more confident credit decisions. Ocrolus goes beyond data extraction to deliver audit-ready cash flow and income analytics and fraud detection across a wide variety of document types, including bank statements, pay stubs and tax forms. Trusted by over 400 customers, Ocrolus is the engine of modern credit underwriting. To learn more, visit Ocrolus.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/new-report-93-of-small-businesses-expect-growth-in-2026-302759435.html

SOURCE Enova International, Inc.

FAQ

What did Enova report about small business growth expectations for 2026 (ENVA)?

Most small businesses expect growth: 93% expect growth and 32% expect significant growth. According to Enova, the survey sampled 651 businesses and covers applications over 15 months.

How prevalent is AI adoption among small businesses according to Enova (ENVA)?

AI adoption reached 58% of small businesses, with 89% of users reporting a positive impact. According to Enova, this continues the upward trend from 2025.

What are the top concerns shaping small business plans in 2026 per Enova (ENVA)?

Access to credit leads planning factors at 46%, followed by consumer spending at 42%. According to Enova, interest rates were cited by 35% of respondents.

When and how was Enova's small business survey conducted for the 2026 report (ENVA)?

The nationwide survey of 651 small businesses was completed between March 4–10, 2026. According to Enova, the analysis also used 3.69 million working-capital applications from the prior 15 months.