Banks Lending, but You Need to Find the Right One
There’s a big myth out there that banks are not lending. Is it true? Yes and no.
The strong banks are still lending, and they’re lending primarily to C&I (commercial and industrial) businesses. In Northeast Wisconsin, this is good news. Our C&I manufacturing base is strong. We build trucks, we build cranes, we build ships, we make paper products, we build stuff. And generally, these businesses have done pretty well in our area. This is great.
So why are people still getting the message that banks aren’t lending? ...