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Economic Commentary

Financial Services and Small Businesses

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An important user of financial services is a group of customers known as small businesses. While it is commonly thought that small businesses depend almost exclusively on commercial banks for financial services, results of a recent survey of Ohio’s small businesses cast some doubt on this assumption. The survey results show that small businesses demand and receive a variety of deposit and loan services, not only from commercial banks but also from other sources.

01.11.1982EC 1/11/1982

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit clevelandfed.org for updates.

Suggested Citation

Watro, Paul R. 1982. “Financial Services and Small Businesses.” Federal Reserve Bank of Cleveland, Economic Commentary 1/11/1982.

This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial 4.0 International