Banks finally lending more to small biz

Full Story at money.cnn.com

NEW YORK (CNNMoney.com) — The credit market may finally be starting to thaw out, according to a report from the Federal Reserve.

The Fed said Monday that banks relaxed their lending standards over the last quarter, with the most improvement at big banks.
While most banks said demand for business and consumer loans was unchanged, large banks — those with assets greater than $20 billion — eased their lending conditions.

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