Friday, July 1, 2011

Small Business Lending on the Rise

Good news from your small business CFO resource! Small and medium business lending is up! Check out this excerpt from the article, Small Business Lending on the Rise:

"Borrowing by U.S. small businesses is at its highest since July of 2008, two months before the collapse of Lehman Brothers, says the Thomson Reuters/PayNet Small Business Lending Index, which measures the volume of small business financing. (PayNet provides risk management tools to the commercial lending industry, and the loans it tracks typically are used to buy or update plants and equipment.)

The index was up 26 percent in May compared to the year before."

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