Bank Loans to Small Business Fall to 12-year Low

FDIC Report: Bank Loans to Small Business Fall to 12-year Low

An analysis of recently released Federal Deposit Insurance Corp. data by the Investigative Reporting Workshop shows that overall commercial and industrial lending by banks has increased for five straight quarters, but small loans to business of $1 million or less have been shrinking consistently since June 2008. As of Sept. 30, total outstanding loan volume was down 14.7 percent from its peak. The reduction of bank credit has had an even bigger impact on small business than it would on large business, which can borrow money through corporate bonds and "commercial paper." In contrast, small businesses rely almost exclusively on credit provided from banks. . . . keep reading about Small Business Financing

If your small business is in need of a loan NOW is the time to seek the capital you need. Commercial Capital continues to offer small businesses SBA financing while many banks have been reluctant to do so. We are direct SBA 504 lenders and have over 150 different lending sources. Let Commercial Capital help you find the capital you need to grow your business. 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.