The Fed’s April 2026 SLOO Survey showed steady C&I loan demand and a pickup in new credit‑line inquiries. For the first time, the survey also captured non‑bank lending, with the strongest demand coming from private equity and private credit funds.
Banks tightened commercial lending standards in 3Q25 amid economic uncertainty and trade policy concerns, with small businesses facing more restrictions than larger firms, according to the Federal Reserve's latest Senior Loan Officer Opinion (SLOO) Survey.
