Regulators Issue Statement on Lending to Creditworthy Small Businesses

March 15, 2010

The federal financial regulatory agencies and the Conference of State Bank Supervisors (the regulators) issued a statement on February 5, 2010 on prudent lending to creditworthy small business borrowers.1 The regulators recognize that small businesses play an important role in the economy and know that some are experiencing difficulty in obtaining or renewing credit.