Small Business Administration Loans Keep Shrinking. But That’s Not Necessarily Bad. – The Washington Post

Business Lending Data | GUD Capital

But thats not necessarily bad. Why a drop in lending might actually be good news for small businesses. By J.D. Harrison November 10 at 9:52 PM Follow @jd_harrison The Obama administration has for the third consecutive year approved a smaller volume ofgovernment-backed small-business loans. But thats not necessarily bad news. Small Business Administration officials this past year approved federal guarantees supporting $28.6 billion in small-business loans, according to SBA figures. Thats about $1billion short of last years total and down from a peak of $30.5billion in fiscal 2011. Under its lending programs, the agency agrees to pay back banks, credit unions and other private lenders if a borrower defaults.
For the original version including any supplementary images or video, visit http://www.washingtonpost.com/business/on-small-business/small-business-administration-loan-totals-shink-again-but-that-might-be-okay/2014/11/10/56fbd5b2-66bf-11e4-9fdc-d43b053ecb4d_story.html

Bank National Assoc 4 The Huntington National 12 Mortgage Cap Dev Corp 13 SunTrust Bank 15 FL Business Dev Corp 16 FL First Capital Finance 17 Seacoast Commerce 25 Man and Traders Trust 26 Regions Bank 29 Granite St Economic Dev 30 KeyBank 33 Small Biz Growth Corp 34 Bank of the West 35 LA County Small Business 36 CA Statewide Certified 37 Bay Area Employment Dev 38 First Bank Financial Centre 39 Wisc Business Dev
For the original version including any supplementary images or video, visit https://www.gudcapital.com/top-sba-business-lenders/

Business Loan Approval Rates by Institutional Lenders Big Banks
For the original version including any supplementary images or video, visit https://www.gudcapital.com/business-lending-data/

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