For the third consecutive month, Biz2Credit said business loanapprovals at credit unions continued to drop at the company.
The company's Biz2Credit Small Business Lending Index tracked1,000 of its applications to compare loan approval rates amongbanks and credit unions.
The New York firm that connects businesses with financialinstitutions reported that credit union loan approvals dipped inAugust to 52.9%, the lowest percentage since June 2011.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
