As might be expected, the report found that both small business borrowers and lenders were less active in 2011 than in 2010, with both sides cautious about either taking on debt or extending capital in a still-shaky economy.
This report’s data are based on the size of the loan, not the size of the business, so it defines “small business loans” as those under $1 million. Within that number, loans are further broken down into “macro business loans” (between $100,000 and $1 million) and “micro business loans” (under $100,000).
