BizSugar.com › Finance › Are Bank Mergers Hurting Small Businesses?

When the Great Recession struck in 2008, among the first casualties were small business owners whose loans were called in by big banks—often despite having a great credit rating and making every loan payment on time. Smaller, community banks quickly emerged as saviors. In 2010, 73 percent of small businesses using small banks got the credit they wanted, compared to just 48 percent of those using a large bank, a recent report by the National Federation of Independent Business showed.