Small Business Lending IndexsuperscriptstartTMsuperscruptend August 2015

Institutional Lenders Continue to Gain Market Share While Smaller Banks/Credit Unions Decline in Loan Volume

The Biz2Credit August Small Business Lending Index dropped by 0.1 points for big and small banks, an indication that the SBA budget scare effected growth in loan demand. Another key finding of the monthly analysis of 1,000 loan applications from ahrefstartBiz2Credit.comahrefend showed that credit unions continued to decline as institutional lenders rise and become more aggressive.