Small Banks Loaning $$$ To Small Biz
Small banks approved 45.1% of loan applications by small firms in September, up from 43.8% in August and 43.5% at the start of the year, the New York lending broker Biz2Credit said. Credit unions, Community Development Financial Institutions and microlenders also increased small-business lending last month, approving 61.5% of funding requests, up from 58% in [...]
