
And in fact, recent statistics bear out that those intentions were followed up with action. In the third quarter of 2010, the Wall Street Journal reports, Wells Fargo issued $3.9 billion in small business loans, up from $3.3 billion in Q3 2009; Bank of America made $5.7 billion in small business loans, up from $4.1 billion in Q3 2009; and Chase made $2.7 billion in small business loans, up from $1.9 billion in Q3 2009.
To read the full, original article click on this link: Is Small Business Lending Really Ramping Up?
Author: Rieva Lesonsky