June 2014 Lending Index Infographic
A Sign of Strength in the Economy
Big banks are now approving one-in-five small business loan applications, a post-recession high, according to the Biz2Credit Small Business Lending IndexsuperscriptstartTMsuperscruptend, the monthly analysis of 1,000 loan applications on Biz2Credit.com for June 2014. Meanwhile, small banks, though down by two-tenths of a percent, are granting more than half of requests they receive from entrepreneurs.
