Banks Manipulate Small Business Lending Fund

It is no mystery that banks are in business to make a profit. With that said, it is important to recognize that banks have a certain level of responsibility to the public because of how they utilize government resources to fund their operations. Although the individual consumer is important in the overall banking community and […]

Larger Banks Losing Ground to Small Business Loan Providers

Traditional small business lending by the major banks is falling again. As these larger financial institutions continue to extend less credit small business owners are left to fend for themselves. Normally this would hurt the economy, however there are many lending institutions filling the gap. Private lending companies and smaller regional banks are bringing stability […]

Banks Continue to Fail Small Businesses

For local businesses, especially for smaller industries, obtaining a bank loan has been very difficult. Small businesses comprise a large portion of the business population. To put it in perspective, based on IRS records regarding businesses that filed taxes in 2003 (the most recent year with available statistics), of the almost 27, 486,000 total businesses, […]