Small Business Lending IndexsuperscriptstartTMsuperscruptend May 2016

Ahead of Federal Reserve's Next Meeting, Lending Falters at Small Banks, Alternative Lenders, and Credit Unions

Loan approval rates at big banks ($10 billion+ in assets) and institutional lenders increased in May 2016, according to the most recent Biz2Credit Small Business Lending IndexsuperscriptstartTMsuperscruptend, the monthly analysis of more than 1,000 small business loan applications on Biz2Credit.com. Meanwhile, small banks, alternative lenders and credit unions experienced a drop in their loan approval rates in the last month.