Bankers oppose increase in business lending cap. Do they have a good point?
Read their letter to the US Senate
Read their letter to the US Senate
Also see: Per examiners, commercial property is the biggest risk below
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2 comments:
as long as the CU has the requisite experience, I think the cap can be raised. If they don't have the type of experience they need to do whatever type of commercial loans they are doing, then that is a recipe for disaster.
I'm with you, Robbie. The fear is that some will take undue risk to shore up the bottom line.
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