Community Bank Lending to Small Businesses is Increasing

Small Business Loans

WASHINGTON, DC (September 19, 2018) - Community bank lending to small businesses grew by 5% from 2010 to 2017, and total business loans grew 11% from $689 billion in 2010 to $765 billion in 2017, the US Government Accountability Office reports.

“Community banks — generally small and locally focused institutions — are important sources of credit to small businesses,” the report said.

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