NASE on Micro-Business

SBA Finds Top Lenders to Small Businesses

Posted on: May 29, 2009

The SBA’s Office of Advocacy recently released the latest version of their annual study on lending to small firms.  The study found that for the year ending in June 2008, the rates of small business and micro-business lending were down from the previous one-year period, but were still in positive territory.  The largest increase was in the number of micro-business loans (loans under $100,000), which increased by 15.7 percent.

The whole study has detailed and interesting information, but be sure to check out the tables of top lending institutions organized by state and territory.  The table for top small business lending institutions (loans less than $1 million) starts on page 38, and the table for top micro-business lending institutions (loans less than $100,000) starts on page 51 of the study.  There is also a helpful chart on page 16 of the study that explains the variables on the state charts.

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