Local banks still lending, but with caution

05/12/2009 | Bradenton Herald (Fla.)

The economic downturn has prompted local banks to carefully scrutinize risks and emphasize past performance as they evaluate loan applications, officials say. However, banks continue to extend credit to small businesses, even though they may require more documentation for loans. Experts also note that loans that involve speculation are the most heavily scrutinized.

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Bradenton Herald (Fla.)

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