The math behind small business lending: Problems & possibilities for banks & credit unions
Abrigo
MAY 22, 2024
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. As a share of their total assets, community banks have more business loans below $1 million than larger banks, according to numbers from the St.
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