Journal Article

Finance companies vs. small banks in rural commercial lending


Abstract: In rural New England, it used to be the small community banks that dominated small business lending. However, nonlocal finance companies are aggressively entering rural banking markets, adding a new element of competition.

Keywords: Community banks - New England; Finance companies; Small business - New England; Commercial loans - New England; Bank competition;

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File(s): File format is application/pdf http://www.bostonfed.org/commdev/c&b/1998/fall98.pdf

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Communities and Banking

Publication Date: 1998

Issue: Fall

Pages: 8-13