Hendrickson, “Do Lender Combination Hurt the tiny Providers Debtor?
Though maybe alarming, it is probably because the lower- and you will reasonable-income portion began the period having such as for instance the lowest level of money you to definitely an identical resource peak given that you to inside higher-income elements is actually a bigger commission. Such efficiency may also mirror gentrification trends when you look at the down-earnings areas.
Components for Upcoming Lookup
These conclusions reveal the problems that small enterprises inside the lower-income components deal with into the accessing sensible economic functions. Financial branch integration and also the growth of costlier AFS company and their significant presence in accordance with providers thickness is actually fashion you to definitely, typically, you are going to boost credit costs for smaller businesses. Although this blog post centers on proximity to several stone-and-mortar economic characteristics, we really do not have a look at the latest the total amount to which capital supply is matched towards the count or sort of funding that businesses are seeking to.