Wednesday, April 9, 2008

How are small businesses financed?

In June 2006, small business loans (loans under $1 million) outstanding from 8,709 U.S.
reporting depository institutions were valued at $634 billion for 21.3 million loans. The comparable figures for 2005 were $601 billion in 21.0 million loans.

The 19.0 million micro business loans (loans under $100,000) outstanding in 2006 were valued at $146 billion, compared with $138.4 billion in the same number of micro business loans the previous year. The number of mid-sized business loans outstanding (loans ranging from $100,000 to under $1 million) grew by 13 percent from the
previous year.

www.sba.gov/advo/research/sbl_06study.pdf

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