Survey: Big banks boost small-business lending in August

09/10/2013 | AmericanBanker.com (free registration)

Large banks approved 17.6% of small-business loan applications in August, according to a Biz2Credit survey. That is the highest approval rate since 2007, when the survey began. Last month's approval rate compares with 17.4% in July and 10.9% in August 2012, a 62% increase.

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Vice President, HEDIS & Performance Outcomes
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