14 min
How a bank makes a business loan
A bakery wants a bigger oven, and its bank says yes. Before the money moves, the loan passes through five teams, and any one of them can stop it. Follow it from the first meeting to the money.
Ticket 01 · The guess
How much have banks lent to businesses?
Sources and every number (1)
Sources
- H.8 Assets and Liabilities of Commercial Banks in the United States, November 6, 2026, Table 2 (all commercial banks, seasonally adjusted, billions of dollars): commercial and industrial loans · Board of Governors of the Federal Reserve System, 2026
Every number
- $2.96 trillion
federalreserve.gov ·2026 · Commercial and industrial loans held by all US commercial banks, September 2026, seasonally adjusted (the Federal Reserve's release on the assets and liabilities of commercial banks, released on the sixth of November 2026, table two: the month's average). The Fed's main category of business loans; loans on commercial property are counted separately. - $2.69 trillion
federalreserve.gov ·2026 · The same, September 2025, from the same table.