Good news for main street! According to PayNet, small business lending increased significantly in the first part of the year, with the January Small Business Lending Index nearing the all-time high from July 2015. The index is up 14% over January 2017.
Small businesses are investing more in property, plants and equipment tools and services. Many of the businesses you'd like to form a lending relationship with may be successful, but still don't fit your conventional credit profile. This is a great time to look at what can be done through SBA and USDA loan programs.
We are experts in SBA and USDA loans, and handling complex credit needs. Contact us when you need help.