In its most recent seniorloanofficer survey in July, the Fed found that 60% of commercial banks tightened lending standards to large- and middle-market firms, and 65% had tightened lending standards for loans to small companies.
For example, in the latest SeniorLoanOfficer Opinion Survey conducted by the Federal Reserve, banks reported having further tightened their lending standards and terms for a broad range of loan types over the past three months.