Biggest banks bail on small-biz loans
While the 25 largest banks saw their total deposits increase 61% to $5.8 trillion from 2006 to 2010, their approved loans under the Small Business Administration's 7(a) loan program declined 4% to $3.6 billion. All bank deposits rose 20% to almost $9.5 trillion and all bank-provided SBA loans increased 20% to $17.7 billion. . . . keep reading about Small Business Lending.
While large banks continue to hold back on lending to small businesses, here at Commercial Lending Pros we continue to provide financing services for business owners, investors and other entrepreneurs throughout the country. We are direct lendersfor SBA 504 Loans and also have access to over 150 different funding sources including credit unions that are lending, hedge funds, private equity groups, insurance companies, private investors and other funding sources including
Visit us at http://CommercialLendingPros.com for more information or submit a loan scenario for pre-approval athttp://www.CommercialLendingPros.com/102/325
Commercial Lending Pros
Tel: 863-299-2929
Fax: 863-877-4456
Your #1 Source For Commercial & Business Financing
We can get deals closed. Our Company Mission Statement is this, "Commercial Capital brings funding sources from around the country to the local business owner and investor to help keep this economy moving!" WE ARE SERIOUS ABOUT IT.
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