October 2014 Lending Index Infographic

Overall small business health improves at the one year anniversary of the government shutdown despite setback month in small business lending

Small business loan approval rates at big banks dropped for the first time in seven months, according to the October 2014 Biz2Credit Small Business Lending Index, a monthly analysis of 1,000 loan applications on Biz2Credit.com. Small business loan approval rates at big banks ($10 billion+ in assets) dipped to 20.4% in October from 20.6% in September.