Smallest U.S. businesses borrowing again

Excert from Reuters:

The tiniest U.S. small businesses, which led the broader economy into the past two recessions and are widely regarded as the best hope for job creation in any recovery, are showing signs of improved confidence and financial health, according to a new study.

The examination of loan, lease and line of credit activity conducted by PayNet Inc for Reuters found that U.S. businesses with less than $100,000 in outstanding debts began borrowing again cautiously this spring to invest in their businesses -- a trend that continued through the end of the study period in September.

Financing originations among these so-called microbusinesses are still down year-over-year. But they are no longer falling faster than originations for larger-sized small businesses -- those with borrowings above $100,000 -- as they were for nearly three years running..

Full article:
EXCLUSIVE: Smallest U.S. businesses borrowing again: PayNet | Small Business | Reuters

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