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Small Business Lending Report Released

Posted February 12th, 2010 by massbanking
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 Small Business Lending in Massachusetts, 2005-2008

February 2010
Appendix
To read the abstract click HERE
To read full report click HERE
 

In its eleventh report on small business lending, the Massachusetts Community & Banking Council (MCBC) shows a significant decline in small business lending in 2008.  Utilizing lending data collected under the Community Reinvestment Act (CRA), the report also shows persistently lower small business lending rates in the state’s lower-income and minority areas. 

Small Business Lending in Massachusetts, 2005-2008 includes data on small business lending across the state and the impact of small business lending on the state’s overall economy.  The report also focuses on small business lending in lower-income and minority area.  In additional to the data in the report, MCNC is also providing data on all Massachusetts cities and towns in a set of on-line tables.  Small Business Lending in Massachusetts was prepared for MCBC by Stuart Ryan of BankMaps LLC.