A recent headline said, “Small Business Lending Reaching ‘New Normal.’” The story outlined how the Pepperdine Private Capital Access Index for small businesses rose to 27.7 from 27.1 in February. It gives us a measure of demand for and ease in getting financing, including loans. Further, 44 percent of the small businesses surveyed last month […]
Lending Club is an online, peer-to-peer lending platform that utilizes technology and innovation to reduce costs and offer borrowers better rates and investors better returns. To date, Lending Club has offered personal loan; however recently the company announced a new business loan platform. “Everyone recognizes that small businesses are an engine of job creation and […]
Analysts from the Federal Reserve Bank of Cleveland recently noted in an economic commentary that small business lending has dropped substantially since the Great Recession. “While some measures of small business lending are now above their lowest levels since the economic downturn began, they remain far below their levels before it. For example, in the […]