Certainly community and regional banking organizations were hurt by the financial crisis and recession and many of these firms are facing large losses associated with problems in commercial real estate and other lending areas. But despite these problems, many smaller banks have continued to lend. In 2009, 45 percent of banks with assets under $ billion increased their business lending.
Policy changes All of these events bring us to where we are today, talking about the lack of credit availability for Main Street. The good news, such as it is, is that the market is slowly correcting, and credit growth is or will begin flowing to Main Street, providing job growth and economic recovery. However, it will not be rapid or easy.