Some Professional Answers On Effortless Solutions In Business Financing

That figure is now 3.03 percent. It means that if it costs a typical bank 2 percent to borrow money, its lending it at 5.03 percent. That 3.03 percent margin is also near a record low. This suggests that if banks are facing higher costs from tighter regulations and compliance with Dodd-Frank, they dont seem to feel compelled to pass on those costs to consumers. Bankers say a key problem for the industry is not so much a lack of access to credit as an unwillingness by consumers and businesses to borrow. The lack of demand for loans has forced banks to lower their rates look at this web-site to compete for business.

http://www.smdailyjournal.com/articles/business/2017-02-06/lending-rules-targeted-under-dodd-frank-attack/1776425175396.html

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