The credit spigot is opening for small businesses, says Fair Isaac as its survey of bank risk...

|By:, SA News Editor

The credit spigot is opening for small businesses, says Fair Isaac as its survey of bank risk managers finds 62% saying the supply of credit will meet demand over the next 6 months and 89% saying the approval rate would hold steady or increase. "Particularly striking," says FICO's Andrew Jennings. "In the past, (they) haven't been as optimistic about credit for small businesses."