Biz2Credit Small Business Lending IndexsuperscriptstartTMsuperscruptend October 2017
Study shows continuing trend of rising approval percentages for big banks and institutional lenders while alternative lenders and credit unions stall
ahrefstartBusiness loanahrefend approval rates at big banks ($10 billion-plus in assets) hit a post-recession high of 25% in October 2017, according to the latest Biz2Credit Small Business Lending IndexsuperscriptstartTMsuperscruptend , a monthly analysis of more than 1,000 small business loan applications on Biz2Credit.com.