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Featured Article filed under Banking, Independent Business | Written by Stacy Mitchell | 6 Comments | Updated on Oct 17, 2012

Too Big to Lend

The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/big-lend/

A critical function of our banking system is financing small businesses. But big banks are doing a rotten job of it. At the nation’s largest banks, small business lending has plunged 33% since 2009. Trying to cajole or compel them to do more won’t make much difference because the problem is largely inherent to their scale. Continue reading