» Bank Competition, Volume 5, Issue 8, 2005

If respondent changed principal financial institutions in the last three years.

Was a reason for changing to a new institution that:?

4bD. (reason for change) It offered better loan terms or interest rates.

Notes: Fifty-three (53) percent of small employers who changed principal financial institutions in the last three years report that the new institution offered better loan terms or interest rates (Q#4bD).