BizSugar.com › Raising Capital › Sky’s The Limit? Big Bank Lending for Small Businesses Just Keeps Climbing

Lending to small businesses from big banks ( those with $10 billion or more in assets) and institutional lennders continues to climb according to a recently released Biz2Credit Small Business Lending Index report for October.
The report indicates that loan approval rates at big banks improved to 23.5 percent, which is a one-tenth of a percent increase from September’s 23.4 percent. It is important to also note that loan approval rates at the big banks has been increasing for the past seven months.