A decade after the market crash, small business lending has made a turn-around, which can be attributed, in part, to the strong economic growth in the U.S. Business loan approval rates are on the uptick, according to Forbes: “These smaller banks granted 49.8 percent of the funding requests they received in August, up one-tenth from July. It represents the highest figure for small banks since November 2014. Many of them are processing SBA loans. With a robust economy and government guarantees that mitigate lender risk.
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