Biz2Credit Report: SB Loan Approvals at Big Banks Hit Record Highs

Approval rates for small business loan applications inched up to a record high of 27.6% at big banks in June, according to the Biz2Credit Small Business Lending Index.

Government Shutdown Slows SBA Loan Volume, Barely Affects Approval

Although the U.S. Small Business Administration was closed for most of January because of the government shutdown, the percentage of SBA loan approvals dropped by just one percent in January at regional and community banks, according to Biz2Credit Small Business Lending Index.

Biz2Credit Survey: Government Shutdown Hurts December SBA Lending

With the U.S. Small Business Administration closed for the past two-and-a-half weeks because of the partial government shutdown, SBA loan approvals dropped in December 2018 at banks and other institutions, according to the Biz2Credit Small Business Lending Index.

Biz2Credit: Small Biz Loan Approval, Optimism Remain High in November

Small business loan approval rates for big banks reached another record high in November 2018, according to the latest Biz2Credit Small Business Lending Index.