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Local banks stepping up in business lending according to study
masslive.com (Apr 25 2011) Financial Services
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Community banks in Massachusetts lent just more than $10 billion to small businesses in 2010, a figure that had increased steadily from the $6.8 billion lent back in 2004. Community banks increased their volume of lending by $467 million or 5.3 percent in 2008, $622 million or 6.7 percent in 2009, and $120 million or 1.2 percent as September 2010.
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