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Lending standards hinder recovery
A recent survey real estate industry survey indicated that tight standards for small business lending apparently continues to be an obstacle to economic growth.Small Businesses require capital to purchase commercial RE, such as land, warehouse, suburban office and retail space to name a few. …
Bernanke says lending spigots are more open now
Bernanke said small business loans from banks, though increasing, were still 15 percent below their 2008 peak at the end of last year. Banks complain that the strict regulations make it more difficult for them to lend, but Bernanke claims he has urged regulators to take a more "balanced" approach …
Lenders Approved Fewer Small-Business Loans in April
Loans to small business dropped in April for the first time in a year. The decline in credit approvals was across the board, from big banks to small banks to credit unions. The rate held steady for alternative lenders. Both borrowers and lenders are proceeding with caution as the economy continues …
For Small Firms, the Check is Not in the Mail
Small businesses are waiting longer to get paid. Highly dependent on regular cash flow for working capital, this delay makes it difficult to count on being able to pay vendors, suppliers and their own employees. A vendor assurance service can be a critical tool in maintaining vendor and customer …
Manufacturers to banks: We need money now
In business, cash is king. The manufacturing industry has been experiencing a recent surge, but business owners are frustrated by a lack of access to cash. Despite being able to show the banks that their businesses are profitable and on an upward trend, banks are denying them the commercial …
Why Aren’t Banks Lending to Small Business? Ask Bernanke.
While there seems to be general agreement among bankers, small business owners, and policymakers that small business lending has declined substantially since before the financial crisis, there seems to be disagreement as to the culprit. Banks profit by making loans, not refusing them and most …
Small Business Credit Availability Act eases small banks’ Dodd-Frank burden
A recent survey of the Federal Reserve indicated an increased demand for business lending. In response, there seems to be a slight easing of standards by the big banks in order to remain competitive in the commercial financing arena. Small banks and non-bank lenders have entered the game in …
Slugging It Out Over Business Loans
Has increased competition by small banks and non-bank lenders forced the big banks to "lighten up" their standards? Business lending is experiencing and increased demand, according to the Federal Reserve. In response to the demand, business lending is up among larger banks. Interestingly, the …
March Drop in Loan Approval Rates at Big Banks Is a Cause for Concern
While the Feds have been touting the slight uptick in the economy, a recent report indicates that the flow of capital may be slowing. While the situation for small business seems to be improving since 2008, middle market companies remain cautiously optimistic on 2012 growth. Will the drop in loans …
