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. As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to the St. Louis Fed : [S]mall-business loans—i.e., economic ecosystem.
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