Sunday, March 25, 2012

Commercial Loan Growth Improves This Year

The annual growth in commercial and industrial loans at large U.S. commercial banks has been trending upward since early 2010, and has been above 16% for the last seven weeks starting in late January, see chart above.  The last time C&I loan growth was above 16% for that many consecutive weeks was the summer of 2008.     

6 Comments:

At 3/25/2012 12:05 PM, Blogger Buddy R Pacifico said...

I assume it is still very hard for small businesses to get a loan.

Where have people been getting loans for the last couple of years for small business ventures?

Peer-to-Peer Lending.

Micro loan ventures such as prosper.com and lendingclub.com have been a key source.

Small loans from Prosper and Lending Club, of $2000 to $25,000, are assembled from indivduals investing as little as $25.

 
At 3/25/2012 12:45 PM, Blogger Buddy R Pacifico said...

I forgot to give attribution, on my comment above, to this AEI article on Crowd Funding, as pointer to Prosper.

 
At 3/25/2012 6:17 PM, Blogger Benjamin said...

You see, unlike the naysayers, America's banks are in a huge delusion, and don;t know they are going to get paid back in Confederate currency at best, or, more likely, all those new loans are going bust.

 
At 3/26/2012 5:26 AM, Blogger geoih said...

Welcome to the new bubble.

 
At 3/26/2012 5:26 AM, Blogger geoih said...

Welcome to the new bubble.

 
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