TABLE: The "Non" Factor
When it comes to small-business credit, banks still dominate, but nonbank lenders have made big inroads.
| CREDIT TYPE |
(MARKET SHARE(1))
|
| |
BANKS |
NONBANKS |
OTHER(2) |
| 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 |
(1)Based on 1996 revenue
(2)Includes family, friend, government
DATA: FINANCIAL INSTITUTIONS CONSULTING
|
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How to Find the Lender Who Was Meant for You
TABLE: Big Names in Small-Business Loans
ONLINE ORIGINAL: Loans Via the Web: Tips for Safe Surfing
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