Banks see fewer loans, few delinquencies

For most Colorado small businesses, economic conditions seem to dictate keeping those sails tightly trimmed while riding out the storm when it comes to taking on new debt.

The storm, of course, is what has been a case of spiraling interest rates combined with the threat of recession. The optimism for small business people across the nation for an upturn in economic conditions has been diminished, and their enthusiasm for taking on new debt has been quashed.

“We do a lot of small business lending, … and what we’ve seen at our institution is people are being a little more thoughtful about…