Monthly Index Reports Increases at Big Banks for Third Consecutive Month, While Small Bank Approved More Than Half of Their Loan Requests in February.
Small business loan approval rates at big banks ($10B+ in assets) in February 2013 increased to 15.9%, up from the 15.3% rate in January, according to the Biz2Credit Small Business Lending Index, a monthly analysis of 1,000 loan applications on Biz2Credit.com. The figure also represents a 35% incre...
