This week both Citi and JPMorgan Chase announced strong results for small business lending in 2011.
Chase’s announcement of a 52% increase year-over-year for small business lending was staggering, with a total of $17 billion lent to American small businesses in 2011. Citi also announced a 30% increase in small business lending for 2011 with $7.9 billion in small business loans extended.
Financial services companies across the country contribute to the success of small businesses in many ways from extending loans, to offering financial education.
For more news on small business lending, please visit a new website brought to you by the Partnership for a Secure Financial Future, www.OurFinancialFuture.com.