It’s a trend across the nation: Credit unions are making more business loans, while banks are making fewer.

Many of the nation’s 7,500 credit unions might be making even more business loans if they successfully lobby Congress to change a law that caps how much they can lend to businesses. The law caps credit unions’ business loans at 12.25 percent of their assets, said Bill Hampel, chief economist for the Credit Union National Association in Washington, D.C.

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Credit Unions Woo Small Biz