U.S. small business securitization should grow in 2014 as lending by non-bank lenders continues to outpace banks and the investor base for this asset class expands.

Standard & Poor's hosted a roundtable discussion on the small business securitizations in December. Panelists participating on the roundtable said that in 2008, most traditional bank lenders significantly reduced their commitment to the small business borrower and materially tightened their lending guidelines.

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