Member business loans may be the answer for small businesses with fewer than 50 employees, which continue to be among the most vulnerable companies needing credit access.
The Progressive Policy Institute, a Washington think tank, offered that assessment in a recent brief, "The Credit Gap: Easing the Squeeze on the Smallest Businesses."
According to PPI, small businesses with fewer than 50 employees provide as much as 30% of all private sector employment. However, because of their small size, they are much less likely to benefit from government small business loan programs, and they are less likely to win loans from big commercial banks.
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