Small business borrowing an indicator of economic strength

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“(Reuters) – U.S. small businesses borrowed more money in January than they did a year earlier, signaling continued growth in the economy despite a spate of cold weather that has been blamed for weakness in many other indicators of activity.”

Here’s the article.

~ Norris Lozano, CEO of BusinessUS

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How big is the Small Business Lending Market? $1 Trillion, says SBA

Logo_SBAThe SBA Office of Advocacy says the US Small Business Lending market is $1 Trillion, including “$585 in business loans outstanding, $422 billion in credit from finance companies, and the rest from a mix of sources”

See the SBA Report here

~ Norris Lozano, CEO of BusinessUS