An opinion column on cnbc.com by the president of a banking association in Florida argued, Local banks

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An opinion column on cnbc.com by the president of a banking association in Florida argued, “Local banks are important because our country thrives on small businesses, which employ a majority of Americans. . . . [For small businesses,] lenders of choice tend to be community banks.” Are small businesses more likely to rely on banks for funding than would large corporations? Why might a small business have more success obtaining a loan from a local community bank than from a national bank?

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Economics

ISBN: 9780135957554

8th Edition

Authors: Glenn Hubbard, Anthony Patrick O Brien

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