Small and mid-sized financial institutions devote a greater share of their assets to small business lending. Small banks, in fact, lend about eight times as much to small businesses as the giant banks do as a portion of their assets. For more detail on why small banks do so much more small business lending, see our article, “Understanding the Small Business Credit Crunch.”
See more of our banking charts and data here.
If you liked this post, be sure to sign up for the monthly Hometown Advantage newsletter for our latest reporting and research.