Uptick in Lending Bypasses Small Firms
Commercial and industrial loans have grown by $61 billion since the start of the year, or 6.2% above the same period a year ago, the Federal Reserve reported Monday. Yet the upturn has largely bypassed small firms. Instead, the bulk of the gains were made by loans to midsize companies, which were borrowing cash to upgrade or repair aging equipment, according to bankers cited by the Wall Street Journal. The Fed's gauge of commercial and industrial lending excludes business real-estate loans. While any new investing by small or midsize employers is welcome news -- most businesses have put off upgrades since the onset of the recession, lenders say -- few businesses appear to be committing cash to the type of expansion that would lead to more jobs. . . . keep reading about Small Business Lending
Commercial and industrial loans have grown by $61 billion since the start of the year, or 6.2% above the same period a year ago, the Federal Reserve reported Monday. Yet the upturn has largely bypassed small firms. Instead, the bulk of the gains were made by loans to midsize companies, which were borrowing cash to upgrade or repair aging equipment, according to bankers cited by the Wall Street Journal. The Fed's gauge of commercial and industrial lending excludes business real-estate loans. While any new investing by small or midsize employers is welcome news -- most businesses have put off upgrades since the onset of the recession, lenders say -- few businesses appear to be committing cash to the type of expansion that would lead to more jobs. . . . 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 Wall St.
Visit us at http://CommercialLendingPros.com for more information or submit a loan scenario for pre-approval at http://www.CommercialLendingPros.com/102/325
Commercial Lending Pros
Commercial Capital Limited
Commercial Capital Limited
Tel: 863-298-8900
Email: marcos@commerciallendingpros.com
Email: marcos@commerciallendingpros.com
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.
WHAT WE DO IS IMPORTANT. WHAT WE DO IS NEEDED. THE
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