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Recent trends in small business lending

James M. Gillan and Elizabeth Laderman ()

FRBSF Economic Letter, 2011, issue oct17

Abstract: Although bank small business loan portfolios continue to shrink, there are hints of possible stabilization. Among smaller banks, small business lending that is not backed by commercial real estate looks slightly healthier than small business lending that is secured by commercial property. Meanwhile, small commercial and industrial loans at larger banks are showing clear signs of a turnaround. Evidence from the 2001 recession as well as loan performance data suggest that small commercial and industrial loans at smaller banks may not be far behind.

Keywords: Small business; Bank loans (search for similar items in EconPapers)
Date: 2011
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