Biz2Credit Small Business Lending IndexsuperscriptstartTMsuperscruptend July 2017

Lending Drops by Alternative Lenders Significantly

Loan approval rates at big banks ($10 billion-plus in assets) increased to post-recession high in July 2017, according to the latest Biz2Credit Small Business Lending IndexsuperscriptstartTMsuperscruptend , the monthly analysis of more than 1,000 small business loan applications on ahrefstartBiz2Credit.comahrefend. Loan approval percentages of institutional investors also set a new record. Meanwhile, alternative lenders and credit unions experienced declines in the percentages of funding requests they approved.

july17 Lending Index Infographic