Definition of «small business lending»

Small Business Lending refers to loans provided by financial institutions, such as banks or credit unions, specifically for small businesses. These loans can be used to start a new business, expand an existing one, purchase equipment or inventory, or cover other expenses related to running a small business. Small business lending is often seen as a crucial component of economic growth and job creation, as it provides access to capital for entrepreneurs who may not have the resources to invest in their own companies without external financing.

Sentences with «small business lending»

  • Another place to look for guidance for what's really going on with entrepreneurs is the alternative lenders who specialize in small business lending. (inc.com)
  • Trying to size up the state of small business lending can prompt the question: Is the glass half - full or half - empty? (inc.com)
  • Overall, 2017 has been a good year for small business lending. (inc.com)
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