Saturday, August 22, 2015
Quarterly Lending Bulletin for First Quarter 2015
The Office of Advocacy has released its Quarterly Lending Bulletin, Small Business Lending: First Quarter 2015. This report shows that small business borrowing conditions continued to improve gradually in the first quarter of 2015. For example, the percent change in small business loans outstanding (in amounts of $1 million or less) remained positive or unchanged for the sixth consecutive quarter. Small business loans outstanding totaled $595 billion and remained relatively flat from the previous quarter, but year-over-year (Q1 2014 to Q1 2015) showed an increase of 1.7 percent.Small Business Lending: First Quarter 2015, can be found on Advocacy's website here.