Trying to get a business loan from a bank? Don’t
skip over the little guys in your quest for capital.
Loans at smaller banks grew at a 6 percent annualized rate in the second quarter of 2013, according to a recent report on the lending activity of banks in the U.S. That’s three times the annualized growth rate recorded for the nation’s 25 largest banks, which stood at 2 percent, according to the report by New York-based financial-services firm Keefe, Bruyette and Woods. Loans are measured by dollar volume rather than the number of loans made.
Read more: http://www.entrepreneur.com/article/227614#ixzz2bEEjGgYd
Loans at smaller banks grew at a 6 percent annualized rate in the second quarter of 2013, according to a recent report on the lending activity of banks in the U.S. That’s three times the annualized growth rate recorded for the nation’s 25 largest banks, which stood at 2 percent, according to the report by New York-based financial-services firm Keefe, Bruyette and Woods. Loans are measured by dollar volume rather than the number of loans made.
Read more: http://www.entrepreneur.com/article/227614#ixzz2bEEjGgYd
