As investors sift through Fed Chair Janet Yellen's latest comments for clues about when interest rates might climb, one group is more muted about a potential rate hike: Main Street businesses.
Historically low rates haven't sent small business owners rushing to scoop up capital. Small business experts say there's a disconnect between Main Street and Fed policy, as business activity and sales rather than interest rates generally drive borrowing.
About 64 percent of small business owners say a rate hike would not pressure them to act quickly in securing loans for their business, according to new data compiled for CNBC by Manta, an industry researcher focused on small businesses. The research also found 39 percent of about 1,000 business owners polled said a rate hike would not affect business at all.
Smaller employers have "apathy" when it comes to interest rates, said Manta CEO John Swanciger. "They don't feel loans will change the outlook they have for their business, for the most part," he said.