Here's one way banks are boosting credit to small companies: JPMorgan Chase (JPM) last month unveiled an new suite of credit cards called Ink for small businesses--with interest rates as high as 30 percent, according to CNNMoney. At the same time, the bank has cut other small business lending programs. It's loan volume through the Small Business Administration's primary loan program fell 80 percent this year.

We may see other banks follow suit--as well as some politicians, strongly voicing concern. Cards of course carry favorable terms for the bank, variable rates and credit limits. Some might argue that banks are forcing desperate small businesses to turn to something that might be considered a credit source of last resort. Nearly 60 percent of small businesses have used a credit card in the past year for business capital, according to one survey. 

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