Banks are clamoring to lend to the most creditworthy small businesses, even as credit availability remains broadly limited.

The competition for the best small-business customers is "alive and well," Lynetta Steed, executive vice president and division head of the business and community banking division at Regions Financial (RF), told American Banker on Tuesday.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.