Posted inFuture, Money

Big banks dominate lending market, but some small businesses find success with community banks

For many small businesses, it’s not the idea they struggle with, it’s getting the money to fund it. Big banks approved about 22 percent of small-business loan requests nationwide in August, while small banks had a loan approval rate of 49 percent, according to Biz2Credit’s Small Business Lending Index. That’s one reason groups like Local […]

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