A hundred dollar bills picture credit: Getty
Approval rates for small company loan requests rose to a different post-recession record (27.9%) at big banking institutions ($10 billion+ in assets), while approval percentages also remained above 50% at little banking institutions in September, in accordance with the latest Biz2Credit small company Lending Index™.
Big banking institutions have large amount of benefits in small company financing. Firstly, they reap the benefits of having manufacturers that everybody else understands. These are generally a attractive way to obtain money additionally since they can provide reduced rates of interest at faster terms. Read More