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Small business loan approval rate continues to rebound

from Small Business Trends

Small business loan approval rate continues to rebound Small Business Trends The Biz2Credit Small Business Lending Index for June 2020 is reporting small business loan approval rates continue to rebound. Applications for small business loans rebounded from 11.5% in May to 13.5% in June, the Index shows. June’s figures are significantly lower than February 2020, when a record-high figure was recorded prior to the COVID-19 pandemic. READ MORE

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