Newtek Business Services, Inc., The Small Business Authority, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 1,300 respondents, the key finding from the March survey is that 60% of business owners do not currently use cloud computing.

The full March 2014 results showed the following:

Barry Sloane, Chairman, President and CEO of The Small Business Authority commented, "We believe the trend in cloud-computing solutions for independent business owners is real. We also realize our clients have a technological bias to these solutions, as compared to all small businesses owners, so our readings are slightly skewed. With that, we know that this segment of the economy is poised for significantly greater expenditure and growth as suggested by major IT consultants. We will continue to position ourselves as the known provider of cloud computing services for independent business owners."