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Recent trends in small business lending

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Listed:
  • James M. Gillan
  • Elizabeth Laderman

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.

Suggested Citation

  • James M. Gillan & Elizabeth Laderman, 2011. "Recent trends in small business lending," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue oct17.
    • Handle: RePEc:fip:fedfel:y:2011:i:oct17:n:2011-32
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    References listed on IDEAS

    as
    1. Berger, Allen N. & Klapper, Leora F. & Udell, Gregory F., 2001. "The ability of banks to lend to informationally opaque small businesses," Journal of Banking & Finance, Elsevier, vol. 25(12), pages 2127-2167, December.
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    Keywords

    Small business; Bank loans;

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