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Small business bank loan approval rates improving, new Biz2Credit data shows

from Small Business Trends

Small business bank loan approval rates improving, new Biz2Credit data shows Small Business Trends There was an encouraging rebound for small business loan approval rates for banks and non-bank lenders during July. This is according to the Biz2Credit Small Business Lending Index released recently. The approval rates show an increase of 0.3% in the approval percentage for small business loan applications at big banks. This approval rate increase does not include Paycheck Protection Program loans. READ MORE

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