Most entrepreneurs will probably agree that small business lending has been slow to recover from the Great Recession. Our next guest says that one reason for this is that larger banks have not been able to devote enough funds to this sector due to being preoccupied with new regulations and simply recovering from the real estate crash. But he also says that while that is changing now, community banks have been able to pick up the slack and are looking to continue to grow that part of their business.
Mike Switzer interviews Rich Bradshaw, president of specialized lending at the Greenville, SC regional headquarters of United Community Bank.