As demand for its guaranteed loans grows to record levels, the Small Business Administration can point to a statistic sure to please taxpayers: commercial loan losses have been cut in half over five ears.

Since 1988, the year the SBA started calculating loss rates in accordance with industry practices, losses from the agency's popular 7(a) program have fallen from 3.98% of loans to 1.62% in 1993.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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