The math behind small business lending: Problems & possibilities for banks & credit unions
Abrigo
APRIL 22, 2024
Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. With $580 billion in private-term loans and lines of credit and $62 billion in credit cards, they accounted for 56% of the small business financing market. Louis Fed : [S]mall-business loans—i.e., economic ecosystem.
Let's personalize your content