Small Business Lending on the Rise — Large Banks Open More Doors to Small Firms

Home Business, July, 2005 by HBM

Lending by the most important institutional supplier of credit to small firms —commercial banks — has increased in recent years,...

...according to a report released by the Office of Advocacy of the U.S. Small Business Administration (SBA).

Lending in the United States, for Data Years 2002-2003, includes lists of the top state lenders of loans under $1 million and $100,000, based on the Reports of Condition and Income (Call Report) and Community Reinvestment Act (CRA) data.

"Information about which banks are making small loans is critical to the health of small businesses," says Dr. Chad Moutray, Chief Economist for the Office of Advocacy. "This kind of information helps small businesses save time and shop efficiently for credit, and it also helps the banking...

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