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The 'Non' Factor
When it comes to small-business credit, banks still dominate, but nonbank
lenders have made big inroads.
CREDIT TYPE (MARKET SHARE*)
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BANKS NONBANKS OTHER**
COMMERCIAL LOAN 64% 30% 6%
LEASING 33 60 7
VEHICLE 61 39 0
EQUIPMENT 65 32 2
COMMERCIAL MORTGAGE 77 20 3
LINE OF CREDIT 93 7 0
*Based on 1996 revenue
**Includes family, friend, government
DATA: FINANCIAL INSTITUTIONS CONSULTING
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Updated Feb. 19, 1998 by bwwebmaster
Copyright 1998, Bloomberg L.P.
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