As part of a three-year commitment to U.S. small businesses, Citi today announced that the bank surpassed its $8 billion lending goal in 2012 by more than $1.6 billion.
Citi loaned a total of $9.6 billion to small businesses in 2012, a 21 percent increase from 2011, when Citi loaned $7.9 billion. Citi has substantially increased its small business lending in recent years, from $4.5 billion in 2009 and $6.0 billion in 2010.
Citi surpasses $8 billion lending goal
Most Popular Articles
Latest Articles
Real estate farming: Become the go-to agent in your area using these tips, tools & strategies
Learn how to generate a steady pipeline of real estate leads and clients in your area using this proven approach.
-
Zillow believes the evolution of the industry will only help it grow
-
All parties have settled the Sitzer/Burnett suit, so what’s next?
-
Longtime reverse mortgage leader Scott Norman appointed CEO of Texas MBA
-
Rates at 7% attract different types of borrowers, forcing lenders to rethink profit strategies
-
The unchanging