Small Business Borrowers Haunted by Polar Vortex and ZombiesBy
There’s been evidence this spring of banks’ renewed interest in small business lending, most recently from the Federal Reserve’s quarterly survey of senior loan officers, which found looser lending standards for companies with less than $50 million in annual sales. But that trend is out of whack with new data from Experian and Moody’s Analytics in which small business credit quality declined over the last six months. What gives?
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