Small Business Lending IndexsuperscriptstartTMsuperscruptend February 2016
Loan approval rates at both big banks and institutional lenders improved slightly in February 2016, according to the Biz2Credit Small Business Lending IndexsuperscriptstartTMsuperscruptend, the monthly analysis of more than 1,000 small business loan applications on Biz2Credit.com. Once again, loan approval percentages at small banks dipped slightly, while credit unions fell to an all-time Index low.