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Small business lending plummets as loans to big business soar

from The Huffington Post

Even as their big competitors are awash in capital, many locally owned businesses are struggling to secure the financing they need to grow. Since 2000, bank lending to large businesses is up 36 percent, while small business loan volume has fallen 14 percent and "micro" business loans — those under $100,000 — have plummeted 33 percent, according to a new analysis from the Institute for Local Self-Reliance. more


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