Small business loan approval percentages at big banks jumped from 13.8% in July 2021 to 13.9% in August. Meanwhile, small banks’ approvals also rose from 19.1% in July to 19.3% in August, according to the latest Biz2Credit Small Business Lending Index. read more

SEP 15, 2021 - 6:05 am

The approval percentage for small business loan applications at big banks (more than $10 billion in assets) plummeted below double digits to just 8.9%, down from 15.4% in March and an all-time high 28.3% in February 2020, according to the Biz2Credit Small Business Lending Index. read more

MAY 14, 2020 - 6:50 am

According to the Biz2Credit Small Business Lending Index, the approval percentage for small business loan applications at big banks ($10 billion+ in assets) plummeted to just 15.4% from a post-recession high of 28.3% in February 2020. read more

APR 8, 2020 - 6:45 am

The approval percentage for small business loan applications at big banks rose to 28.3% in January 2020, setting another new post-recession record high, according to the Biz2Credit Small Business Lending Index. read more

FEB 12, 2020 - 6:35 am

With the U.S. Small Business Administration closed for the past two weeks because of the partial government shutdown, SBA loan approvals dropped in December 2018 at banks and other institutions. read more

JAN 11, 2019 - 6:55 am