Small Business Advice
Biz2Credit | July 15, 2021
According to the latest Biz2Credit Small Business Lending IndexTM, small business loan approval percentages at big banks ($10 billion+ in assets) increased slightly from 13.5% in May to 13.6% in June 2021, while approvals at small banks increased from 18.7% in May to 18.9%.
The total nonfarm payroll employment increased by 850,000 in June, while the unemployment rate increased by one-tenth of a percentage point to 5.9%, according to data released by the U.S. Bureau of Labor Statis...
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