Lessors Network Shadow
Lessors Network Header
.
Lessors Network Logo
Showcasing The Largest Equipment Finance Community On The Web !
LinkedIn
Over 1,600 Members
.
Lessors Network Ad
Summit Funding Group
Lessors Network Shadow
.
Summit Funding

Since our inception in 1993, Summit Funding Group, Inc. has amassed a high performing portfolio in excess of $3 billion in equipment lease and finance originations and a history of working with companies of all sizes and most industries.

Contact: Richard Ross - 513.489.1222
.
.


    Breaking News

Arrow  Submit Press Releases     Arrow  Receive Email Alerts    
Lessors Network Shadow
.
.

Banks tighten credit-card standards, loosen terms for business loans: Fed survey

.

By Greg Robb / MarketWatch

The numbers: About 17% of banks have eased standards and terms on business loans to large firms in the second quarter, according to senior bank loan officers surveyed by the Federal Reserve. More than 10% eased those conditions somewhat for small firms.

For consumers, 6.5% of banks reported they had tightened standards on credit card loans. Standards for residential real estate and auto loans remained unchanged.

The Fed surveyed officers at 72 domestic banks.

What happened: Bank officers said they were easing standards on business loans because of increased competition from other lenders. They also cited more a favorable economic outlook, increased tolerance for risk and increased liquidity in the secondary market for these loans as reasons for easing.

Blue Arrow   Continue Viewing This Market Watch Story




.
Lessors Network News

The Lessors Network keeps the largest equipment lease finance community on the Web informed of news and events shaping our fast paced industry by aggregating industry relevant news, press releases, legislative and regulatory updates from thousands of trusted sources around the world.

Email Alerts

Blue Arrow Email Alert Subscriptions (Sample) place the most important News Headlines, Featured Articles, Upcoming Events, Funding Alerts & Job Alerts, posted the last 24 hours, in your inbox every day (Excluding Slow News Days).

.
         
.


Arrow  About   Arrow  Contact   Arrow  Email Alerts   Arrow  Membership   Arrow  Sitemap   Arrow  Terms  
.
.
A Lessors.com, Inc. Company  |  © Copyright 1998 - 2017



.