Small-business loan demand up 23% year-over-year in February

03/13/2014 | Inc. online (free registration)

According to the Direct Capital Small Business Lending Index, more small businesses are taking out loans in spite of reportedly lowered optimism among business owners. "We talk to thousands of companies on a daily basis, and they’re expressing that they're doing better than they have been. Many of them have plans to purchase equipment and grow their businesses," said Stephen Lankler, an executive at Direct Capital.

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