Biz2Credit Small Business Lending Index Reports Business Loan Approval Rates Rose Slightly in June 2022
Loan approval percentages at banks, institutional lenders, and alternative lenders have risen in every month of 2022 Small business loan approval percentages at big banks ($10m + in assets) inched upwards from 15.3% in May to 15.4% in June, while small banks’ approvals also rose from 20.9% in May to 21.1% in June, according to the latest Biz2Credit Small Business......
