They may have more options today, but most still turn to local commercial lenders.

Commercial bank 48%

Leasing company 5

Thrift institution 7

Finance company 14

Other* 17

*Includes owners, other individuals or businesses, money-market mutual-fund companies, brokerages, mortgage banks, and insurance companies.

Source: "Banking Markets and the Use of Financial Services by Small and Medium-sized Businesses," a survey of 3,405 businesses, including 2,899 companies with fewer than 50 employees. Board of Governors of the Federal Reserve System, Washington, D.C.; 1990.