Tagged: loan approvals

October 11, 2023 @ 10:28 pm By Omar Faridi  |  

Small business loan approval percentages at big banks ($10 billion+ in assets) fell again, dropping from 13.2% in August to 13.1% in September, according to the latest Biz2Credit Small Business Lending Index. Big bank lending to small businesses “has dipped every month since June 2022.”… Read More

September 12, 2023 @ 10:22 am By JD Alois  |  

Credit unions are at an all-time low, and big banks lending to small businesses has flatlined for more than a year, according to Biz2Credit and its periodic small business lending index. Big banks, those with $10 billion or more in assets, fell from 13.3% in… Read More

May 11, 2021 @ 11:53 am By Samantha Hurst  |  

  Biz2Credit announced on Tuesday its latest Small Business Lending Index reported small business loan approval percentages at big banks ($10 billion+ in assets) dipped slightly to 13.4% in April from 13.5% in March 2021. The Index also revealed that small banks’ approvals have dropped to… Read More

September 1, 2019 @ 11:10 pm By Samantha Hurst  |  

Online lending platform Biz2Credit announced on Friday its latest analysis of industry sectors found that restaurant loan approval rates were above 50% in 2018. Biz2Credit revealed that though the analysis noted that restaurants and accommodation businesses had the highest loan approval rates (51%) in 2018… Read More