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Small Business Lending Continuing to Drop

Published: 7/6/2011 10:57:48 AM



Interesting article from the WSJ on the drop in business loans to small businesses.

View post here

There are multiple data sets referenced in the article.  Loans to small businesses have dropped either 8.6% from a year earlier (source: FDIC) or a whopping 14% (Source: Federal Reserve Bank of Kansas City) from big banks. Small bank lending to small businesses dropped "only" 3%, year over year.

Whatever numbers you use, they aren't good. Either small businesses are not seeking loans due to soft demand and/or banks aren't lending due to tighter underwriting standards.

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