BizSugar.com › Raising Capital › Biz2Credit: Small Business Lending Continues Upward Trend

Small business lending continues trending upward in two sectors at least.
Data from Biz2Credit shows that loan approval rates for small businesses at big banks hit a new post-recession high in March. According to the monthly Biz2Credit Small Business Lending Index, a record 21.6 percent of loan requests to big banks from small businesses were approved in March.
The data is drawn from a survey of loan applications by more than 1,000 small business owners who used Biz2Credit’s online lending platform to connect to lenders over that period.