The Business Finance Store Releases New Research on Small Business Lending

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The Business Finance releases new research on small business lending from Bank of America using FDIC Call Reports from 2010 to 2011.

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The Business Finance Store recently released data on small business lending from Bank of America. Using data from FDIC Call Reports from 2010 and 2011, The Business Finance Store researchers performed a statistical analysis to show that in 2011 Bank of America lent less to small businesses as compared to 2010. This data is significant in that in helps form a picture of the state small business lending in America, especially as Bank of America is one of the top lenders in the country. The Business Finance Store summarizes their findings in the recent blog post “Is Bank of America Lending More?.”

The well-being and growth of small businesses depend on how depository lending institutions are meeting the needs of small firms. Access to capital is always a priority for small businesses. Understanding the current lending environment not only helps small businesses plan ahead but also influences their financing options. Read more about the state of small business lending at The Business Finance Store Blog.

The Business Finance Store is a business financing and consulting firm that offers customized Business Financial Solutions. Seasoned professionals offer assistance in a variety of financial solutions to help small businesses succeed such as: Business Financial Solutions, Legal Solutions, and Accounting Solutions.

The staff at The Business Finance Store understands that starting and growing a business is an exciting time. They keep it exciting by taking care of some of the most difficult aspects, by providing legal advice, helping with vital responsibilities like accounting & bookkeeping, and by obtaining business finance. They can quickly and easily guide entrepreneurs through many different complicated processes and put them on the path to success.

For 10 years The Business Finance Store has been helping startups and other small businesses legally structure their companies, find the right franchises, get the funding they need, and achieve the American Dream of owning their own successful business. Since expanding nationwide in 2007, they have helped thousands of companies and have funded over $60 Million in business credit lines, not including SBA loans. The Business Finance Store sees limitless potential in the current climate, and looks forward to many strong years of growth to come. Take some time to review their services, and give them a call.

For more information, or a free, no-obligation analysis of your business needs, visit The Business Finance Store website: http://www.businessfinancestore.com. A member of their professional staff will contact you to discuss your business' short and long-term goals. Whatever you need, The Business Finance Store is there.

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Kelly Rye
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