Citi small business lending reaches $9.1 billion in 2013, surpassing $24 billion three-year commitment by $2.6 billion. Citi’s 2013 U.S. Small Business Lending Was More than Double That of 2009 Citi announced today that it lent $9.1 billion to U.S. small businesses in 2013. That raises its three-year tally to $26.6 billion, surpassing the $24 […]
Tag: "small business lending"
Small business loan approval rates at big banks ($10 billion+ in assets) jumped to 19.1% in February 2014, up from 17.8% in January, according to the Biz2Credit Small Business Lending Index, a monthly analysis of 1,000 loan applications on Biz2Credit.com. In a year-to-year comparison, lending approval rates at big banks have increased more than 20 […]