Fed data reveals stricter bank lending standards for nonbank financial firms

Community Trust Score Verified 97 % Real Verified 30 votes Updated 3 minutes ago The Federal Reserve’s Senior Loan Officer Opinion Survey (SLOOS), released on Nov. 2, indicates that domestic banks tightened loan approval standards for nonbank financial firms across all five borrower categories during the third quarter of 2026. For business credit intermediaries, 12 of 50 responding domestic banks reported stricter standards, resulting in a net tightening of 22 percentage points. The survey, which covers the three months preceding the response deadline, captures lending conditions before the most recent shifts in credit markets.

Source: The Currency Analytics