Biz2Credit Small Business Lending IndexsuperscriptstartTMsuperscruptend DECEMBER 2018

Business loan approval percentages continue to rise at big banks and institutional lenders, while alternative lenders and credit unions again dip slightly

With the U.S. Small Business Administration (SBA) closed for the past two weeks because of the partial government shutdown, SBA loan approvals dropped in December 2018 at banks and other institutions. Despite this setback, overall ahrefstartsmall business loan approvalahrefend rates for big banks reached another record high (27%) in December 2018, according to the Biz2Credit Small Business Lending IndexsuperscriptstartTMsuperscruptend released today.

dec18 Lending Index Infographic