BizSugar.com › Raising Capital › Community banks have edge in small business loans

Community banks often have the edge in securing small-business clients because of the personal attention they can provide and the knowledge they have of their market; many have bankers who have worked in the same market for more than 30 years. These types of banks offer a full range of services and are able to make decisions locally, based on the individual, rather than strictly relying on financial statements and business plan.