The New York Federal Bank recently hosted a summit on small business credit innovations, bringing together experts to discuss solutions to the credit gap that small businesses have been facing post-recession. Although many business owners believe they have suffered more from tighter lending policies than mid- and large-sized businesses, some financial institutions disagree. Many feel that rebounding from the recession was harder for the small business sector – chiefly because small firms are more reliant on bank financing to support their growth.

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