Small business lending at big banks ended the year strong. But loans at small banks continued to decline, the December 2014 Biz2Credit Small Business Lending Index shows.
If you look at the index for the final month of 2014 one way, you’d see approval of small business loans at big banks continues to increase.
Small Business Lending at Big Banks Keeps Rising
According to Biz2Credit, big banks approved 21.1 percent of the loan requests they received from small businesses last month. That’s up from 20.8 percent in November.