Recovery in small-business lending looks uncertain, uneven

12/1/2010 | Small Business Trends

Major banks are reporting sharp increases in small-business lending, but not everyone on Main Street is benefiting, according to Rieva Lesonsky. Statistics show that companies securing loans tend to have at least $1 million in sales, a five-year track record and positive revenue growth. Even then, successful companies in hard-hit sectors such as restaurants are finding it hard to get approved, Lesonsky writes.

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