Small Business Lending IndexsuperscriptstartTMsuperscruptend July 2015
Big Banks Gain Market Share While Small Banks and Credit Unions See Dip
Small business loan approval rates through institutional investors and alternative lenders remained higher than any other category in July 2015, according to the Biz2Credit Small Business Lending Index, the monthly analysis of 1,000 loan applications on ahrefstartBiz2Credit.comahrefend. Both categories approved approximately 61% of Biz2Credit's total loan requests, surpassing the loans approved through Big Banks, small banks and credit unions.
