Small Business Owners Feel Credit Crunch
According to the latest Biz2Credit Small Business Lending Index released in February, the approval rates of small business loan requests at big banks have fallen for nine consecutive months.
Gov’t to Start Looking for Bias in Small Business Lending
Banks will need to start reporting the demographics and income of small business loan applicants under new rules published by the Consumer Financial Protection Bureau last week.
Fed Loan Officer Survey: CRE Lending Standards Tightening
Perhaps in response to increased regulatory scrutiny of commercial real estate loans, banks tightened standards on CRE loans during the fourth quarter, according to the Federal Reserve’s latest senior loan officer survey of bank lending practices.
