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Latest News

15 Jan
Big Banks’ Small Business Loan Approvals Continue To Climb With No Slowdown In Sight

Rohit Arora

Strength seen in lending by big banks, small banks, and institutional investors in October 2019

The approval percentage for small business loan applications at big banks ($10 billion+ in assets) inched up one-tenth of a percent to reach 28% for the first time in the post-recession era during October 2019, according to the latest Biz2Credit Small Business Lending Index™

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29 Dec
Merchant Capital Gives Small Businesses A Big Break

Contributor:   05:03 PM ET 10/29/2018

Nearly 60 million Americans — and 7 million Californians — work at a small business. That’s roughly half the private-sector workforce. Yet for all the value these companies add to our economy, they still struggle to secure short-term capital when they need it.

Banks are usually a long shot. In July, America’s large banks denied three in four small business loan applications. Community banks were just a touch more generous.

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