An article appearing on CFO.com notes that U.S. small businesses’ access to capital at its highest level since 2012, but demand for funding is down. The CFO.com article cites the latest results from Dun & Bradstreet and Pepperdine University’s Private Capital Access quarterly report.

The CFO.com article further notes that small businesses surveyed were able to access more capital, with a 5% increase in successful bank loan financing (35% financing success rate for Q4). In addition, there was an increase in access from alternative business financing options including business credit cards (60% success rate); merchant cash advances (31% success rate); and business online marketplace lenders (26% success rate).

However, the segement’s demand for funding fell 5.2% from the third quarter, according to the survey.

View the CFO.com article Access to Capital High But Demand is Wavering.