Loan Commitments to Business in United States Banking History

Economic Review, vol. 61, September/October 1975, pp. 15-23

9 Pages Posted: 23 Aug 2012

See all articles by Bruce J. Summers

Bruce J. Summers

Consultant on Money, Banking, and Payments; Virginia Military Institute

Abstract

The practice of guaranteeing future credit availability to business enterprises, or what is today called the making of loan commitments, has existed since the beginning of banking in the United States.

Suggested Citation

Summers, Bruce J., Loan Commitments to Business in United States Banking History. Economic Review, vol. 61, September/October 1975, pp. 15-23, Available at SSRN: https://ssrn.com/abstract=2116436

Bruce J. Summers (Contact Author)

Consultant on Money, Banking, and Payments ( email )

VA
United States
804-441-4456 (Phone)

Virginia Military Institute ( email )

Department of Economics and Business
Scott Shipp Hall
Lexington, VA 24450
United States

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